Auto Calculate Income Tax Preparation Software for all salaried persons for FY 2023-24 & AY 2024-25

| Last updated: 03 April 2023

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Quick Summary

This article explains how salaried individuals can prepare their income tax for FY 2023-24 and AY 2024-25. It details the tax benefits of both the new and old tax regimes, highlighting changes introduced in Budget 2023. The content also provides a comprehensive list of deductions and exemptions available to salaried employees, including standard deduction, Section 80C, 80CCD, 80D, and housing loan interest, which can significantly reduce taxable income.

Tax benefits of New and Old Tax Regime as per Budget 2023 According to the actual Tax Slab on your total income found under the old or new tax system, each salaried employee will be subject to tax. Payroll employees must file income tax returns at the beginning of the 2023-2024 tax year because, after various deductions, income tax is calculated based on various tax brackets. As a result, tax planning must begin with the start of a new tax year. Under the new tax system, new income tax slabs

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1 Year PLAN

1999

(Excl. of GST ₹359)

BEST VALUE

2 Years PLAN

3499

(Excl. of GST ₹629)

3 Months PLAN

999

(Excl. of GST ₹179)

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About the Author

Pranab Banerjee

Software Maker & Income Tax Practisioner

I am a B.com from Kolkata University, West Bengal. I have some knowledge in Ms. Excel and ors DBMS in Computer. I have also some knowledge about Accounts and Income Tax. I have already prepared various Excel Calculation software and shared the same. Visit My Web Site www.itaxsoftware.net OR More Income Tax Related E ... Read more

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