Download Automatic Income Tax Preparation Software in Excel All in one for the Govt and Non-Govt Employees Automatic Form 10E for the F.Y.2024-25 as per Budget 2024 with New Tax Slab in new Tax Regime

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Are you a Government or Non-Government employee looking for a simple and effective way to handle your income tax calculations? The Financial Year 2024-25 brings new challenges with the latest Budget 2024 updates, including changes in the New Tax Slab under the New Tax Regime. Keeping up with these changes can be daunting, but there’s good news. You can now download automatic income tax preparation software in Excel, tailored specifically to meet the needs of both Govt and Non-Govt employees. This software also includes the Automatic Form 10E feature, which…

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Download Automatic Income Tax Software All in One in Excel for the All Salaried Persons for the F.Y.2024-25 and A.Y.2025-26 as per Budget 2024 Amended New Tax Regime

80TTA

The Financial Year 2024-25 (F.Y. 2024-25) and Assessment Year 2025-26 (A.Y. 2025-26) bring a host of new tax regulations as per the Budget 2024. Therefore, For salaried individuals, navigating these changes can be a daunting task. However, with the right tools at your disposal, managing your taxes can be straightforward and hassle-free. One such tool is the Automatic Income Tax Software, designed specifically for salaried persons to streamline their tax calculations and filings as per the latest amendments in the New Tax Regime. Why Download Automatic Income Tax Software in…

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Download Auto Calculate Income Tax Preparation Software All in One in Excel for Govt and Non-Govt Employees for F.Y 2024-25 with Form 10E as per New Tax Slab as per Budget 2024 (July 24)

80TTA

Introduction The financial year 2024-25 brings with it a host of changes in the Indian income tax structure, especially after the recent Budget 2024 (July 24) announcement. Taxpayers, both government and non-government employees, are expected to navigate these new provisions to accurately file their income tax returns. To ease this process, the Auto Calculate Income Tax Preparation Software in Excel has been developed. This all-in-one tool is designed to help individuals accurately compute their income tax, including adjustments as per Form 10E, based on the new tax slabs introduced in…

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Download Automatic Form 16 Part A&B and Form 16 Part B for the F.Y.2021-22 in Excel

Download Automatic Form 16 Part A&B and Form 16 Part B for the F.Y.2021-22 in Excel | Meaning of Form 16, Form 16A, downloads Form 16 Part B: Form 16 is a key document for an employee, especially if the employer has withheld income tax. Form 16 is essentially a certificate provided by the employer to the employee, which indicates the amount of tax withheld from wages.   When an employee files a tax return, Form 16 helps you see how much taxes have already been paid and what still needs to be paid. Employers must…

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Download Automatic Form 16 Part A&B and Form 16 Part B for the F.Y.2021-22 in Excel

Download Automatic Form 16 Part A&B and Form 16 Part B for the F.Y.2021-22 in Excel | Meaning of Form 16, Form 16A, downloads Form 16 Part B: Form 16 is a key document for an employee, especially if the employer has withheld income tax. Form 16 is essentially a certificate provided by the employer to the employee, which indicates the amount of tax withheld from wages.   When an employee files a tax return, Form 16 helps you see how much taxes have already been paid and what still needs to be paid. Employers must…

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How to save on taxes without investing| With Automated Income Tax Salary Certificate Form 16 for the F.Y.2021-22 in Excel

How to save on taxes without investing| The Department of Income Tax has provided taxpayers with various deductions and exemptions that may be deducted from taxable income under Section 80, Chapter VIA to reduce the tax burden. Among all, there are deductions that are obtained with investments, but there are also some deductions that are obtained without any investment, but with daily expenses. The 80C deductions are the most famous; there are other deductions that can reduce the tax burden on taxpayers even without much savings on tax savings tools. Some of them…

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How to get an HRA tax exemption if you work from home? With Automatic Income Tax Form 16 for the F.Y.2021-22

 How to get an HRA tax exemption if you work from home? Advantage of HRA income tax for WFH For employees, the rental allowance tax exemption (HRA) is a significant advantage. The HRA comes through a portion of the payroll and can be claimed through resident employees.  But in fiscal 2020-21, there are some employees, mostly young people, who live far from the place where they rent and work from home with their parents. But now those same workers are baffled that if they can benefit from HRA even if they live…

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Download Excel Based Automated Income Tax Form 16 for the Financial Year 2021-22 | With Investment Options for Tax Savings

Download Excel Based Automated Income Tax Form 16 for the Financial Year 2021-22|   Pension Fund This is one of the best investment options to save on taxes. Therefore, The offered interest rate is 8.5% per annum. The fund cannot be withdrawn for 5 years under certain conditions. Employers typically contribute 12% of base and DA. The employee’s contribution is deducted at the rate of Rs. 1.50.000/- pursuant to section 80C of the Income Tax Act 1961. However, the government has amended the Finance Act 2021 to tax contributions paid in excess of Rs. 2.50.000/-.…

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Tax benefits of health insurance premium U/s 80D| With Automatic Income Tax Revised Form 16 Part A&B and Part B for the F.Y.2021-22

 Tax benefits of health insurance premium U/s 80D|  1. The conditions required to claim a deduction relating to health insurance or health insurance under this section: Therefore, The deduction is only allowed in this section to one individual or HUF. The deduction is allowed for the following purposes: In the case of an individual: allowed-   In other words, The amount paid to provide or maintain the health insurance of the evaluator or members of his family, or his parents, or parents, or  Any contribution to the central government health system or another program…

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Automatic Income Tax Form 16 salary certificates with defecation of form Revised Form 16 for the financial year 2021-22

 Form 16 of the income tax automatic salary certificate for the financial year 2021-22 with defecation of  the new revised form 16. The Form 16 certificate, also known as the TDS certificate, is a financial  statement issued by a salaried employee’s office that includes earnings, deductions, and “income tax”  or “I-T” paid to the government. This Form-16 Certificate (TDS Certificate) must be issued by your  employer to each employee covered by “Withholding Tax Deduction – TDS” at the end of each  financial year.  Therefore, All salaried employees must use the Form 16…

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