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Budget 2015

TDS on Fixed Deposit, Recurring Deposit and EPF

Budget 2015 - TDS on FD, RD and EPF Along with changes in income tax, budget 2015 has also made some changes in TDS (Tax Deduction at source) for Fixed Deposit, Recurring Deposit and EPF (Employee Provident Fund). The post discusses these changes: TDS on Recurring Deposit (RD) Until now recurring deposit was not subjected to TDS. Budget 2015 has amended this and now […] Continue reading →

Income Tax Calculator for FY 2015-16 [AY 2016-17] – Excel Download

Income Tax Calculator for FY 2015-16 (AY 2016-17) - Excel Based The Union Budget for 2015 was presented today by Arun Jaitely. The tax slabs have remain unchanged but there have been some changes in terms of Transport Allowance, Medical Insurance benefits and exemption for Physically challenged tax payers. Budget 2015: Changes We have incorporated the 7 changes that happened in Budget 2015 (presented on February […] Continue reading →