budget
budget Budget 2019 Income Tax Payroll Updates

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

Rajesh MittalComments Off on 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 […]
budget Payroll Updates Regulatory Bulletins

Employee related Income tax Amendments in Budget 2019

Rajesh MittalComments Off on Employee related Income tax Amendments in Budget 2019

A quick review (Limited Information) of the applicable Income tax Rates income tax act after incorporating amendments by the Budget of 2019 are given below for ready reference and information of our clients :- (A) RATE OF INCOME TAX FOR F. Y. 2019-20 (A.Y. 2020-21) Click here to download INCOME TAX RATES F. Y. 2019-20 […]