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Tag: FY 18-19

Here are the 10 documents that you will need to file your income tax return

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The Income Tax documenting season for Assessment Year 2018-19 and Financial Year 2017-18 has begun and citizens’ strains have begun rising! Salary charge is an immediate assessment and is paid by a citizen legitimately to the Government of India. It is compulsory to cover pay government obligation for the individuals who have an assessable salary. Your duty obligation fluctuates relying…

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Want to know about the deduction from the salary for the upcoming income year 2019-2020?

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The Finance Minister, in Budget 2018, has not gotten the much-expected changes in assessment pieces. Nor has he amended on Section 80C concerning the raising cutoff points for the individual citizens. Nonetheless, the salaried class still have something to celebrate about after the financial plan.   He has proposed to reintroduce the ‘Standard Deduction’ of Rs 40,000. What is a…

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