MOBILE Online Income Tax Software FY 2021-22 AY 2022-23 for Teachers - 2022 Online Income Tax Calculator Software
Use our income tax calculator to calculate tax payable on your income for FY 2024-25 (old tax regime vs new tax regime), FY 2023-24, and FY 2022-23. Get accurate results in just a few simple steps! 1Basic details 2Income details ...
Under the Indian income tax laws, each taxpayer is charged a different rate according to the tax slab that they come under. On the other hand, companies and firms have a fixed taxation rate charged on the profit earned during a fiscal year. For this reason, the income earned by people is...
Paying tax is inevitable, be it for an individual or a business. Tax is levied on the income earned by an individual or business after certain deductions. Due to multiple income tax slab rates combined with many tax exemptions and deductions, calculation of income tax can be a challenging tas...
Income tax slab rates are decided and governed by Income Tax Act 1961 and are subject to change every year. Here are the income tax slab rates for the Financial
Penalty for Late Filing Income Tax Return u/s 234F As per the modified rules notified under section 234F of the Income Tax Act that is already in action from 1 April 2017, filing your ITR after the due date can make you liable to pay a maximum penalty of ₹ 5,000. Let’s underst...
Income Tax Slab rate Income tax is charged progressively higher based on individual earnings and hence, tax slab rates are for different categories of taxpayers. The income tax slab rates can be broadly classified as: New Income Tax Slab Rates for FY 2018-19 (AY 2019-20) Slab of Income tax...
If a I paid a single premium of 40,000 in 2005 for 10 year and U got 120,000 in 2015. Insurance company has already deducted 2% TDS. My income comes under 30% tax slab. My Form 26AS shows credit of full 120,000 . I should pay rest 28% tax on whole 120,000 or 80,000 (toa...
Avoid Mistakes While submitting ITR’s For AY24 Despite the fact that ITR e-filing has been enabled, Income tax taxpayers are able to start filing their income tax returns for FY 2022-23 (or AY 2023-24). If you are doing the ITR on your own, there are a few pitfalls ... INCOME ...