Understanding the Recent CBDT Amendment The landscape of taxation is evolving, and the Indian government’s ongoing efforts to modernize and streamline tax regulations are a testament to this fact. In a recent development, the Central Board of Direct Taxes (CBDT), a key arm of the Ministry of Finance, has introduced updated rules pertaining to the […]
Author: Rajesh Mittal
Excel Calculator to compare Tax under Existing & New Tax Regime u/s 115BAC – Salaried Employee
#Download #TaxCalculator #SGCServices #NewTaxSlab #NewTaxSheet2023 #PayrollTax The Finance Bill 2020 has inserted new section – 115BAC to introduce the new Scheme of Taxation on income of Individuals and HUFs. Tax payers can opt for new revised lower tax rates by giving up Tax benefits or continue with old rates with rebates. SGC Services has made […]
Employee related Income tax Amendments in Budget 2019
A quick review (Limited Information) of the applicable Income tax Rates income tax act after incorporating amendments by the Budget of 2019 are given below for ready reference and information of our clients :- (A) RATE OF INCOME TAX FOR F. Y. 2019-20 (A.Y. 2020-21) Click here to download INCOME TAX RATES F. Y. 2019-20 […]
Budget Highlights 2019-20 – SGC
The Union Budget of India assessment year 2020-21 was presented by acting Finance Minister Piyush Goyal on 1 February 2019. A quick review (Limited Information) of the applicable Income tax Rates income tax act after incorporating amendments proposed by the Budget of 2019 are given below for ready reference and information:- Budget Highlights 2019-20 – […]
Income tax Changes for salaried employee 2018-2019 – Budget changes : SGC
In Budget 2018, Finance Minister Arun Jaitley has kept the basic income tax rates and the slabs unchanged. However, he proposed a number of income tax changes that will impact many taxpayers. Click here to download A quick review (Limited Information) summary copy of the applicable Income tax Rates income tax act after incorporating amendments proposed by […]
Budget Highlights 2018-19 – SGC
Finance Minister Arun Jaitley on Thursday did not provide any relief in the income tax rates for 2018-19. “The government had made many positive changes in the personal income-tax rate applicable to individuals in the last three years,” Jaitley said in his Budget speech. Budget Highlights 2018-19 – SGC Key Changes Budget 2018-2019 (Only considered main changes for […]
Celebrations of SGC Annual Day : 41 years
Hi SGC team, Let’s have a little break and come together to celebrate our Annual day in a different style this time. Party will be celebrated on 1TH October 2018 from 5:00 p.m. onwards at Spellbound Gardens Galleria Mall,Entertainment City– popularly known as EOD ( near World of Wonder- Great India Place, Noida )