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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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