Income Tax
Budget 2019 Income Tax Payroll Updates

Excel Calculator to compare Tax under Existing & New Tax Regime u/s 115BAC – Salaried Employee

Rajesh MittalComments Off on 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 […]
80DDB Income Tax Payroll Updates

Specified diseases and ailments for the purpose of deduction under section 80DDB.

CA Nikhil GuptaComments Off on Specified diseases and ailments for the purpose of deduction under section 80DDB.

click here to download notification [ 11DD ](1) For the purposes of section 80DDB, the following shall be the eligible diseases or ailments :- (i) Neurological Diseases where the disability level has been certified to be of 40% and above:— (a) Dementia (b) Dystonia Musculorum Deformans (c) Motor Neuron Disease (d) Ataxia (e) Chorea (f) […]