SGC Services – Global Payroll & HR Solutions
#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 […]
The Union Budget of India assessment year 2020-21 was presented by acting Finance Minister Piyush Goyal on 1 February 2019. A quick review (Limited Information) of the applicable Income tax Rates income tax act after incorporating amendments proposed by the Budget of 2019 are given below for ready reference and information:- Budget Highlights 2019-20 – […]
In Budget 2018, Finance Minister Arun Jaitley has kept the basic income tax rates and the slabs unchanged. However, he proposed a number of income tax changes that will impact many taxpayers. Click here to download A quick review (Limited Information) summary copy of the applicable Income tax Rates income tax act after incorporating amendments proposed by […]
Finance Minister Arun Jaitley on Thursday did not provide any relief in the income tax rates for 2018-19. “The government had made many positive changes in the personal income-tax rate applicable to individuals in the last three years,” Jaitley said in his Budget speech. Budget Highlights 2018-19 – SGC Key Changes Budget 2018-2019 (Only considered main changes for […]