CBDT notified the ITR or Income Tax Return Forms AY 2019-20 (FY 2018-19). There are a few major changes in these forms. Let us see in detail these changes and understand which form you can use.The new ITR forms in PDF format are available. However, the excel utilities (or) Java Utilities for AY … [Read more...] about Income Tax Return Forms AY 2019-20 (FY 2018-19) – Which form to use?
Tax Planning
Latest TDS Rate Chart FY 2019-20 (AY 2020-21)
What is the latest TDS Rate Chart FY 2019-20 after the recent Budget 2019? How it will impact your earnings. What are the changes done during Budget 2019? Let us discuss these in detail.Let me first update you regarding the TDS changes proposed during Budget 2019.# TDS limit hiked from the … [Read more...] about Latest TDS Rate Chart FY 2019-20 (AY 2020-21)
Top 5 Best ELSS Tax Saving Mutual Funds 2019
Which are the Top 5 Best ELSS Tax Saving Mutual Funds 2019? How to choose them for your tax saving as well as for long term growth?Recently I wrote a post Top 10 Best SIP Mutual Funds to invest in India in 2019. In that post, I have not covered ELSS or Tax Saving Mutual Funds. Because … [Read more...] about Top 5 Best ELSS Tax Saving Mutual Funds 2019
Mutual Fund Taxation FY 2019-20
After the Budget 2019, what is the Mutual Fund Taxation FY 2019-20? What is the Mutual Funds tax rate for FY 2019-20?3 Factors that determine the Mutual Fund TaxationFirst, let us understand what are the factors that determine the Mutual Fund Taxation. The three major part of these … [Read more...] about Mutual Fund Taxation FY 2019-20
Revised Tax Rebate under Sec.87A after Budget 2019
Effective from 1st April 2020, Tax Rebate under Sec.87A was revised in Budget 2019. Because of this there is no tax liability for those whose total taxable income is up to Rs.5,00,000.Let us see the features of Sec.87A.Revised Tax Rebate under Sec.87A after Budget 2019You must be a … [Read more...] about Revised Tax Rebate under Sec.87A after Budget 2019
Latest Income Tax Slab Rates FY 2019-20 (AY 2020-21)
What are the Latest Income Tax Slab Rates FY 2019-20 (AY 2020-21) after the Budget 2019? Is there any changes to applicable tax rates for individuals? Let us see the details.I already covered the Budget 2019 related posts and you may refer them for your better understanding.Budget 2019 … [Read more...] about Latest Income Tax Slab Rates FY 2019-20 (AY 2020-21)