Saturday, December 31, 2022

Income Tax excel software 2023 - 24




 Income Tax Software 2023 KSS PRASAD RAMANJANEYULU| Download TS / AP Teachers IT Calculator Online with Mobile Version  Income Tax Slab Rates Employees Final Version New Slab Rates and Old Slab Rates Free IT Calculator PUTTA SRINIVASA REDDY VIJAY KUMAR SESHADRI Income Tax Software 2023. Employee IT Calculator Calculation Software2023 in TS / AP & Online IT Calculator working on your mobile. TS / AP Teachers IT Calculator Online Update Mobile Version Download. Income tax slab rates 

Income Tax Rates for FY 2023 | Assessment Year 2023-24

There is no change in the rate of income tax slabs and exemption limit for individual person for assessment year 2023 and financial year 2023-24. There is no change in the rate of Education Cess and Secondary 2% & Higher Education Cess 1%. India's official income tax is Industrial Income Tax. Deduction of Housing Loan Principal Amount and Deduction of Housing Loan Interest Income Tax 2023. Educational Loan and Tuition Fee Reimbursement of Two Children No Tax. I have prepared a model income tax calculation for financial year 2023.


Income Tax Slabs for Individual (Below 60 Years) for Assessment Year 2023

S. No.

Income Tax Slab

Income Tax Rate Payable

1.

Rs. 0 to 250,000

No Income Tax

2.

Rs. 250,001 to 500,000

5%

3.

Rs. 500,001 to 1,000,000

20%

4.

Rs. 1,000,001 and above

30%


Income Tax Slabs for the Senior Citizen (60 to 80 Years Age) for the Assessment Year 2023

S. No.

Income Tax Slab

Income Tax Rate Payable

1.

Rs. 0 to 300,000

No Income Tax

2.

Rs. 300,001 to 500,000

5%

3.

Rs. 500,001 to 1,000,000

20%

4.

Rs. 1,000,001 and above

30%

80C & 80CCE- Exemption upto Rs.1,50,000

Investments up to Rs.1.5 lakh in PF, VPF, PPF, NPS, employee contribution, insurance premium, housing loan principal repayment, NSC, ELSS, long term bank fixed deposit, post office term deposit etc. are exempt from taxable income. . No limit on individual items, (for example) total 1 lakh can be invested in NSC or PPF etc.

Provident Fund (PF) & Voluntary Provident Fund (VPF)

Postal Life Insurance (PLI)

APGLI / TGLI

Life insurance premiums

Unit Linked Insurance Plan

Public Provident Fund (PPF)

National Savings Certificate (NSC)

Home Loan Principal Repayment & Stamp Duty and Registration

Tuition fee for two children

Equity Linked Savings Scheme (ELSS)

5 Year Bank Fixed Deposits (FDs)

Pension Funds or Pension Policies - Section 80CCC

Infrastructure Bonds

NABARD Rural Bonds

Senior Citizen Savings Scheme 2004 (SCSS)

S.No.

Income Tax Calculator  2023

Download

1

C Ramanjaneyulu (Jan 27)

Click Here

2

KSS Prasad 

Click Here

3

Putta Srinivas Reddy 

Click Here TS

4

Medak badi Vijay Kumar 

Click Here

5

Mobile Version 

Click Here

6

AP Teacher Seshadri 

Click Here

7

Model School Teachers Income Tax Software 

Click Here

8

Pensioners / Retired Employees IT Software 

Click Here


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