the Finance Budget 2019, some Important Income Tax Section and Income Tax
Rebate have changed. The Major modification including the Income Tax Slab Rate
for the F.Y. 2019-20 is given below.
Income Tax Slab for the Financial Year 2019-20 is Same as Previous F.Y.2018-19
Raised the Income Tax Rebate U/s 87A up to Rs. 12,500/- who’s Taxable Income
less than 5 Lakh.
Raised the Income Tax Standard Deduction U/s16(ia) from Rs. 40,000/- to
Raised the Tax Exemption from the Bank/Post Office Savings Interest from
10,000/- to 40,000/-
Introduce New Section 80EEA for New Home Loan Interest Rs.1.5 Lakh.
Download All in One TDS on Salary for WestBengal Govt Employees for the Financial Year 2019-2020 and Assessment Year20120-2021 With H.R.A. Exemption Calculation U/s 10(13A) + Automated Form 16Part A&B and Form 16 Part B ( New Revised Format of Form 16)
The feature of this Excel Utility is the following:-
1) This Excel Utility can prepare automatic Tax Calculation as per new Finance Budget 2019
2) The Salary Structure as per the West Bengal Govt employee’s Salary Pattern (AS PER ROPA 2019)
3) Automated Individually Salary Sheet for each Employee
4) Automated Income Tax Salary Sheet for each Employee
5) This Excel Utility calculate your House Rent Exemption Calculation U/s 10(13A)
6) Automated Income Tax Form 16 Part A&B for F.Y. 2019-20 in New Format
7) Automated Income Tax Form 16 Part B for the F.Y. 2019-20 in New Format