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
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)
The budget for FY 2019-20 is now tabled. Let us see the Budget 2019 Highlights and what are the points that will affect to us individually.Budget 2019 Highlights - 7 changes you must know1. The BIG change in Individual's Income Tax Slab RatesYour tax liability if your income is up … [Read more...] about Budget 2019 Highlights – 7 changes you must know
Do you know the changed NPS Tax Benefits 2019? How NPS will be taxed under different IT Sections like Sec.80CCD(1), 80CCD(2) and 80CCD(1B)?Recently Government of India changed certain rules related to NPS. Long back, I have already written a post regarding NPS Tax Benefits. However, considering … [Read more...] about NPS Tax Benefits 2019 – Sec.80CCD(1), 80CCD(2) and 80CCD(1B)
What is Tax on Gold in India at the time of buying and selling? 4th November 2018 is Dhanteras day for all of us. We feel proud and auspicious to buy the gold on this day. However, you must also know the taxation on Gold before jumping into investment.We can hold the gold in many forms like … [Read more...] about Tax on Gold in India – How it is taxed while buying and selling?
Many of use open e-Filing portal once in a year. Hence, there is a possibility to forget the password. In such a situation, how to reset e-Filing password? There are 5 ways to do the same. Let me explain all of them in detail. How to reset e-Filing password - 5 Ways Explained Before proceeding … [Read more...] about How to reset e-Filing password – 5 ways Explained