budget Budget 2019 Income Tax Payroll Updates

Excel Calculator to compare Tax under Existing & New Tax Regime u/s 115BAC – Salaried Employee


#TaxCalculator #NewTaxRegime #SGCServices #PayrollTax #TaxPlanning


The Finance Bill 2020 introduced Section 115BAC, ushering in a New Tax Regime for Individuals and Hindu Undivided Families (HUFs). This regime offers taxpayers a choice: opt for lower tax rates by forgoing certain exemptions and deductions or stick with the existing tax structure to retain those benefits.


To help you make an informed decision, SGC Services has developed a user-friendly Tax Calculator Excel Sheet for you. This powerful tool allows you to compare your tax liability under the Existing Tax Regime and the New Simplified Tax Regime, empowering you to choose the option that saves you the most.


 



Why Use Our Tax Calculator?



  • Easy Comparison: Instantly see the tax impact of both regimes.

  • Tailored Insights: Understand which scheme suits your financial situation.

  • Free to Download: Get started with just a click!



Have Questions?


If you need assistance with the calculator or have queries about the calculations, feel free to reach out to us at sgcbranding@gmail.com. Our team is here to help!




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Make smarter tax decisions today with SGC Services!


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