Income Tax Ready Reckoner AY 2019-20 PDF Free Download

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Income Tax Ready Reckoner AY 2019-20 PDF Free Download Link 

Name Income Tax Ready Reckoner AY 2019-20
Pages 43
Size 0.12 MB
Language English
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Income Tax Ready Reckoner AY 2019-20

We have prepared the IT & GST Ready Reckoner, in which all the basic concepts of Income Tax and GST will be covered. IT & GST Ready Reckoner is created to make the work easy for professionals. Following are the topics covered in the IT & GST Ready Reckoner.

Senior citizens will not have to pay any tax for income up to 3 lakh and for super senior citizens (above 80 years), the exemption is up to 5 lakh. For salaried taxpayers, standard deduction has been raised from the current 40,000 to 50,000. This will provide an additional tax benefit of 4,700 crore to more than 3 crore salary earners and pensioners. A health and education cess of 4% will be added to the total tax outgo besides a surcharge if your income crosses 50 lakh.

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You can also visit the official / source website to download the PDF from following links: https://www.consultease.com/income-tax-compliance/it-gst-ready-reckoner/

FAQs for Income Tax Ready Reckoner AY 2019-20

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