Category Archives for "Income tax slab rates"

Tax Saving FD Benefits

5 years Tax saving FD Benefits In 2020 FD is one of the best tax savings5 years tax saving FD is even better than normal FD. FD VS 5 years Tax Saving FD FD stands for fixed deposit.And every FD has a lock-in period (minimum 1 year and more),meaning that the amount you invest in […]

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Income Tax Slab Rates FY 2019-20 AY 2020-21

Income Tax Slab Rates For Govt. Employees FY 2019-20 AY 2020-21 Budget 2019 has provided cheerful moments for govt. employees.we have thoroughly analysed the new income tax slab rates fy 2019-20 with examples below. Budget 2019 key features Persons having  gross total income up to rs. 500000,need not to pay any tax. Standard deduction increased from […]

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New Income Tax Slab Rates For FY 2018-19 AY 2019-20

Income tax Slab for salaried employees FY 2018-19 New Income Tax Slab Rates will take effect from 1st April 2018. Finance minister arun jaitley has proposed major changes in Budget 2018-19. Although Deductions under section 80C remained unchanged at rs 150,000. Major Changes in BUDGET 2018 Standard deduction of rs 40,000 for all employees and […]

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income tax on fixed deposits

income tax on fixed deposits: Firsly Fixed Deposits are a  great source of saving and multiplying  your income in terms of interest one gets from FDS.But you will wonder to know that the interest income you get from the fixed deposits is taxable. How to calculate interest income? Well it is very simple.if you are […]

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