Budget 2019 Income Tax Payroll Updates

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 a tax calculator Excel sheet calculator in which you can compare tax incidence under the existing tax regime and New Simplified Tax Regime. The calculator can help you determine which scheme is more beneficial for you – Download Excel New Tax Regime tax Comparison Calculator.

If you have any query related to this sheet and calculation, write us at : sgcbranding@gmail.com

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