Manoj Patel

Income Tax Information 2018  verry usefull ti All Government employees. Income tax is that percentage of your income that you pay to the government to fund infrastructural development, pay the salaries of those employed by the state or central governments, etc. All taxes are levied based on the passing of a law, and the law that governs the provisions for our income tax is the Income Tax Act, 1961. Income tax is only of the direct means of taxation like capital gains tax, securities transaction tax, etc., and there are many other indirect taxes that we pay like sales tax, VAT, Octroi, service tax, etc. The income tax you pay every month or upon every contractual earning is what forms a large part of the revenue for the Government of India. These revenue functions are managed by the Ministry of Finance, which has delegated the responsibility to managing direct taxes (like income tax, wealth tax, etc.) to the Central Board of Direct Taxes (CBDT). Stay Connected For Daily Update...

Income Tax Return File Kevi Rite Karvu.Simple Steps. How To Online Return File. Income tax for individual is what most tax payers want to know in Budget. In Budget 2017, the finance minister has made little changes to this. We highlight the changes and give you the new tax calculator for FY 2017-18 [AY 2018-19]. Changes in Income Tax Rules: It is also an excel based income tax calculator. It also takes care of all the aspects of income tax calculation. This income tax calculator give you net income on the basis of available exemption. To use this calculator you need the salary slip to give all the details of income. The calculator has used the bright colors which may not be very soothing to your eyes. It is a detailed excel based calculator but not very user-friendly. You may miss some columns or cell of this calculator. A very small portion of the calculator is visible on the screen. The good thing about this calculator is the form 16. An HR employee can produce form 16 usi...

All About Standard Deduction 2018. Standard Deduction 2018. In Budget 2018, Finance Minister Arun Jaitley has made a standard cut of Rs 40,000 for the salaried class. This additional deduction has been proposed in lieu of current deduction of Rs 15,000 for medical reimbursement and Rs 19,200 for transport allowance. The Finance Minister said that this step will benefit 2.5 million salaried employees and pensioners, who generally do not enjoy any allowance for transportation and medical expenditure. The cost of revenue for the government will be around 8,000 crores, Jaitley said. However, the finance minister raised 3% to 4% cess on income tax for individual taxpayers. What is standard deduction? The standard deduction allows the deduction from the income of any salaried person to the expense of expenses incurred in connection with himself or his employment. There is no proof to claim standard deduction. Standard deduction for salaried individuals was first available, unless it ...

Income Tax Calculation 2017-18 Excel File.  Income tax for individual is what most tax payers want to know in Budget. In Budget 2017, the finance minister has made little changes to this. We highlight the changes and give you the new tax calculator for FY 2017-18 [AY 2018-19]. Income Tax calculator 2017-18.  Changes in Income Tax Rules: It is also an excel based income tax calculator. It also takes care of all the aspects of income tax calculation. This income tax calculator give you net income on the basis of available exemption. To use this calculator you need the salary slip to give all the details of income. The calculator has used the bright colors which may not be very soothing to your eyes. It is a detailed excel based calculator but not very user-friendly. You may miss some columns or cell of this calculator. A very small portion of the calculator is visible on the screen. The good thing about this calculator is the form 16. An HR employee can produce form 1...

Income Tax Calculation 2017-18.  Income tax for individual is what most tax payers want to know in Budget. In Budget 2017, the finance minister has made little changes to this. We highlight the changes and give you the new tax calculator for FY 2017-18 [AY 2018-19]. Changes in Income Tax Rules: It is also an excel based income tax calculator. It also takes care of all the aspects of income tax calculation. This income tax calculator give you net income on the basis of available exemption. To use this calculator you need the salary slip to give all the details of income. The calculator has used the bright colors which may not be very soothing to your eyes. It is a detailed excel based calculator but not very user-friendly. You may miss some columns or cell of this calculator. A very small portion of the calculator is visible on the screen. The good thing about this calculator is the form 16. An HR employee can produce form 16 using this calculator. 1. Tax reduced from 10% to...

How To  E-FILING  Income Tax Return With Easy  Steps.  Income oTax Return File Kevi  Rite  Karvu  Tena  Easy  Steps. Aapvama Aavel  Chhe.  Step 1.Get started Login to your ClearTax account. Click on ‘Upload Form 16 PDF’ if you have your Form 16 in PDF format.If you do not have Form 16 in PDF format click on ‘Continue Here’ Step 2.Enter personal info Enter your Name, PAN, DOB and Bank account details. Step 3.Enter salary details Fill in your salary, employee details (Name and TAN) and TDS. Step 4.Enter deduction details Enter investment details under Section 80C(eg. LIC, PPF etc., and claim other tax benefits here. Step 5.Add details of taxes paid If you have non-salary income,eg. interest income or freelance income, then add tax payments that are already made. You can also add these details by uploading Form 26AS Step 6.E-file your return If you see “Refund” or “No Tax Due” here...