Income tax calculator for Financial year 2015-2016

Income tax calculator for Financial year 2015-2016   Please feel free to use Income tax Calculator. For convenience of Tax Payers we have made this in excel. This completely downloadable and you are free to share with your friends and relatives. Download Income Tax Calculator for Year 2015-2016  : [sociallocker] Download … Continue reading

No change in rate of Service Tax from 1 April 2015

Clarification- No change in rate of Service Tax Finance bill, 2015 has proposed to increase effective rate of Service Tax from 12.36% to 14%. It is wrongly reported in some quarters that the effective date of change in rate of Service Tax is 1st April, 2015. It is hereby clarified … Continue reading

Income Tax Rates for FY 2025-26 (AY 2026-27) – New & Old Regime

Last Updated: June 2026 — Income tax rates applicable for Financial Year 2025-26 (Assessment Year 2026-27) under both the New and Old Tax Regimes. New Tax Regime Rates – FY 2025-26 The New Tax Regime is the default regime from FY 2023-24 onwards. Zero tax up to Rs. 12 lakh … Continue reading

Rail Budget 2015 Highlights

Key highlights of Suresh Prabhu’s First Railway Budget 2015: No increase in rail fares Railways to raise reserved ticket booking window to 120 days vs 60 days now Presenting his maiden Railway Budget, Rail Minister Suresh Prabhu on Thursday announced a 24*7 helpline for Indian Railways. An all India 24*7 … Continue reading

Section 80EE Additional Deduction of Interest upto Rs.1 Lakh on Home Loan for First Home Buyer

In Budget 2013, New Section 80EE, has been introduced. Benefit of section 80EE is available for new home loan buyer Highlights of Section 80EE are: Additional deduction is available to only Individuals. Benefit of Section 80EE available only, if you have no existing house, in your name. You have bought a new house, … Continue reading