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TDS on Income from Pension and Family Pension

Tax Deducted at Source (TDS) on Income from Pension and Family Pension In India more than one crore pensioners and family pensioners are getting pension under Central and State Government. The post contains the rates of deduction of income-tax from the payment of income chargeable under the head “Salaries” during the financial year 2018-19 and … Read more

Income Tax Circular 2019 – Tax Deduction from Salaries with Illustrations

Income tax Circular 2018-19 (Assessment Year 2019-2020) for Salaried Employees Method of Tax Calculation, Relief When Salary Paid in Arrear or Advance, Income from house property, Adjustment for Excess or Shortfall of Deduction and Salary Paid in Foreign Currency Income Tax deduction at source from salaries as per Section 192 of Income Tax Act, 1961 … Read more

Income Tax Circular 2019 – Income Tax Rates AY 2019-20

Income Tax Circular 2019 – Income Tax Rates AY 2019-20 Income Tax Rates as per the Income Tax Circular No.01/2019 published by the Central Board of Direct Taxes on 1.1.2019 for the Financial Year 2018-19 (Assessment Year 2019-20) RATES OF INCOME-TAX AS PER FINANCE ACT, 2018: Income Tax Circular 2019 – Tax Deduction from Salaries … Read more