Showing posts with label Standard deduction U/s 16(ia). Show all posts
Showing posts with label Standard deduction U/s 16(ia). Show all posts
May 31, 2023

Salary exemption under section 16 of the Income-tax Act, 1961|With Auto Calculate Income Tax Preparation Software in Excel All in One for the Govt and Non-Govt Employees for the F.Y.2023-24 and A.Y.2024-25

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 Salary exemption under Section 16 of the Income-tax Act, 1961 Section 16 of the Income Tax Act ,  1961 deals with allowances and deduction...
April 7, 2023

All employees get a tax exemption of Rs 50 thousand U/s 16(ia) in any tax regime.| With Auto Calculate Income Tax Preparation Software in Excel All in One for the Govt and Non-Govt Employees for the F.Y.2023-24 and A.Y.2024-25 as per Budget 2023

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 All employees get a tax exemption of Rs 50 thousand U/s 16(ia) in any tax regime.| If you are also a  taxpayer, then this information wil...
March 31, 2022

Standard Deduction U/s 16(ia) | With Automated Income Tax Form 16 Preparation Excel Based Software for the F.Y.2021-22

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  Standard Deduction U/s 16(ia) | Section 16 of the Income Tax Act 1961 provides for a  deduction from income charged to tax under the hea...
February 4, 2022

Standard deduction U/s 16(ia) | With Automatic Income Tax Preparation Software in Excel (All in One for the Govt & Non-Govt employees F.Y.2021-22) + (Automatic Income Tax Master of Form 16 Part B for F.Y.2021-22

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 Standard deduction U/s 16(ia) | Calculating taxable income for an individual involves calculating gross  income. Gross income is the total...
June 16, 2021

What is the Standard Deduction? With Automated Income Tax Preparation Software All in One for the Non-Govt(Private) Employees for the F.Y.2021-22 as per Budget 2021

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  What is the Standard Deduction ? Budget 2018: Standard discounts come back after 13 years   Effective from 1st April 2018, Rs 40,000 (or...
January 8, 2021

Standard deduction Rs.50,000/- U/s 16(ia) - With Income Tax Preparation Software in Excel for the F.Y. 2020-21 as per U/s 115 BAC

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  The standard deduction U/s 16(1a) was reintroduced in the 2018 budget and amended in the 2019 budget, with the aim of replacing medica...