[As amended by Finance (No. 2) Act, 2019] A. Tax Rates and Relief [AY 2020-21] S.N. Particulars Benefits Available to 1. Maximum amount of income which is not chargeable to Income-tax Rs. 2,50,000 Individual/HUF 2. Maximum amount of income which is not chargeable to Income-tax in the hands of a resident senior citizen, who is […]
Sections Income Tax Deduction for FY 2019-20 (AY 2020-21) Who can Invest? Limit for FY 2019-20 (AY 2020-21) Section 80C Investing into very common and popular investment options like LIC, PPF, Sukanya Samriddhi Account, Mutual Funds, FD etc Individual Or HUF Upto Rs 1,50,000 Section 80CCC Investment in Pension Funds Individuals Section 80CCD (1) Atal […]
Following message was released from Ministry of Corporate Affairs on 23-01-2020 (i) Stakeholders may please note that as part of Government of India’s Ease of Doing Business(EODB) initiatives, the Ministry of Corporate Affairs would be shortly notifying & deploying a new Web Form christened ‘SPICe+’ (pronounced ‘SPICe Plus’) replacing the existing SPICe form. (ii) SPICe+ would be an integrated […]