Income Tax Slabs & Rates for Assessment Year 2017-18 As proposed in Budget 2016-17 – SOFTWARE

Individual resident aged below 60 years (i.e. born on or after 1st April 1957) Income Tax :Tax Calculator : AY 2017-18 Income Slabs Tax Rates i. Where the taxable income does not exceed Rs. 2,50,000/-. NIL ii. Where the taxable income exceeds Rs. 2,50,000/- but does not exceed Rs. 5,00,000/-. 10% of amount by which … Read more

Union Budget 2016-17 to be presented today; Income tax exemption limit likely to be hiked

Highlights of Union Budget 2016-17 Income Tax: <1>Infrastructure and agriculture cess to be levied.Excise duty raised from 10 to 15 per cent on tobacco products other than beedis <2>1 per cent service charge on purchase of luxury cars over Rs. 10 lakh and in-cash purchase of goods and services over Rs. 2 lakh. <3>SUVs, Luxury … Read more

ALL LATEST UPDATES ABOUT INCOME TAX 2015-2016

ALL LATEST UPDATES ABOUT INCOME TAX 2015-2016 S.No SOFTWARE /TOPIC PREPARED BY DOWNLOAD HERE 1 IT -AP SESHADRI CLICK HERE 2 IT-TS SESHADRI CLICK HERE 3 IT-TS PUTTA CLICK HERE 4 IT-AP PUTTA CLICK HERE 5 IT-AP &TS KSS PRASAD CLICK HERE 6 PAN Card declaration from Landlord for HRA Claim by employees – CLICK … Read more

PAN Card declaration from Landlord for HRA Claim by employees

PAN Card declaration from Landlord for HRA Claim by employees salaried employees drawing house rent allowance upto Rs.3000/- per month will be exempted from production of rent receipt. Further if annual rent paid by the employee exceeds Rs 1,00,000 per annum, it is mandatory for the employee to report PAN of the landlord to the … Read more

CPS Tax Benefit u/s 80CCD(1), 80CCD(2) and 80CCD(1B),+ Automated Master of Form 16 Part B for F.Y.2015-16 + All in One TDS on Salary for Govt and Non Govt employees for F.Y.2015-16

Tax Benefit on CPS Tier 1 and/or 2? CPS has two Tiers – 1 and 2. CPS Tier 1 is the long term investment, which has restricted withdrawals and meant primarily for retirement planning. On maturity, you can withdraw maximum of 60% of corpus as lumpsum and rest has to be used for annuity purchase. … Read more

NEW INCOME TAX 2015-16 SOFTWARE || NO PASSWORDS HERE (AS PER CPS – 50,000/- RULE)

THIS INCOME TAX SOFTWARE IS LATEST VERSION.THIS SOFTWARE INCLUDES CPS 50000/- DEDUCTION RUPEES.IT Department clarifies those who are more savings except CPS in Savings can avail CPS deduction U/s 80CCD(1B). Clarifications for CPS Employees on 80CCD(IB) Deductions for CPS (NPS). Vide F No. PR CCIT/Tech/67/2015-16 Dated 12.2.2016 Income Tax Department has given clarification regarding CPS … Read more

IT SOFTWARE PREPARED BY PUTTA (AS PER CPS DEDUCTION 50,000/- ISSUE)

Employees planing to save their taxable income by investments as per sections first we look into slab rates and savings limits. Taxable Income range Income-tax rates Education Cess Secondary and higher Education Cess Up to Rs. 2,50,000 Nil Nil Nil Rs. 2,50,000 – Rs. 5,00,000 10% on above Rs.2,50,000 income 2% of income-tax 1% of … Read more

Softwares for the Preparation of Bills and IT

Softwares for the Preparation of Bills and IT Promotion Pay fixation software(RPS 2015) AAS software (RPS 2015) Increment Proceedings (RPS 2015) Supply Bill for leave period(RPS 2015) APTC 101, Paper Token Income Tax software 2014-15 Income Tax software 2015-16 PRC 2015 (for teachers) PRC 2015 software  (For all the employees and for HRA change cases) … Read more

IT 2015-16 SOFTWARES (FINAL VERSIONS)

*INCOME TAX SOFTWARE – PREPARED BY PUTTA SREENIVAS REDDY Sir-  DOWNLOAD -A.P *INCOME TAX SOFTWARE – PREPARED BY PUTTA SREENIVAS REDDY Sir-  DOWNLOAD -T.S *INCOME TAX SOFTWARE – PREPARED BY KHAN Sir-  DOWNLOAD -A.P & T.S *INCOME TAX SOFTWARE – PREPARED BY K.S.SPRASAD Sir-  DOWNLOAD -A.P & T.S *INCOME TAX SOFTWARE – PREPARED BY VIJAY … Read more