As per the Finance Budget 2019, some Important Income Tax Section and Income Tax Rebate have changed.
1) Income Tax Slab for the Financial Year 2019-20 is Same as Previous F.Y.2018-19
2) Raised the Income Tax Rebate U/s 87A up to Rs. 12,500/- who's Taxable Income less than 5 Lakh.
3) Raised the Income Tax Standard Deduction U/s16(ia) from Rs. 40,000/- to 50,000/-
4) Raised the Tax Exemption from the Bank/Post Office Savings Interest from 10,000/- to 50,000/-
Download All in One TDS on Salary for West Bengal Govt Employees for the F.Y. 2019-20 With H.R.A. Exemption Calculation U/s10(13A) + Automated Revised Form 16 Part B and Form 16 Part A&B for F.Y.2019-20
The feature of this Excel Utility is the following:-
1) This Excel Utility can prepare automatic Tax Calculation as per new Finance Budget 2019
2) The Salary Structure as per the West Bengal Govt employee’s Salary Pattern (As per ROPA 2019)
3) Automated Individually Salary Sheet for each Employee
4) Automated Income Tax Salary Sheet for each Employee
5) This Excel Utility calculate your House Rent Exemption Calculation U/s 10(13A)
6) Automated Income Tax Revised Form 16 Part A&B for F.Y. 2019-20 in New Format
7) Automated Income Tax Revised Form 16 Part B for the F.Y. 2019-20 in New Format
0 Comments