In the Budget 2020 introduced a new Section 115 BAC for the F.Y.2020-21. This Section 115BAC have an option that you can stay in the Old Income Tax Exemptions as per the F.Y.2019-20 and you can Opt-in the New Income Tax as the previous F.Y. 2019-20 as clearly mentioned in the Budge 2020 U/s 115BAC.
As per the Budget, the New Tax Slab is given below U/s 115BAC which introduced in the Budget 2020.
Also, it is clear that no relaxation to the Senior Citizen in the New Income Tax Regime). We Prepared a Unique Income Bihar State Govt Employees for the F.Y.2020-21 as per the new Budget 2020 with New and Old Tax Regime U/s 115BAC introduced in the Budget 2020.
Download Automated Income Tax Preparation Excel Based Software All in One for the Bihar State Govt. Employees for the Financial Year 2020-21 and Assessment Year 2021-22 U/s 115BAC
Feature of this Excel Utility:-
1) This Excel Utility Prepare Your Income Income Tax Section as per Budget 2020
4) Individual Salary Structure as per the Bihar State Employees Salary Pattern
5) Individual Salary Sheet
6) Individual Income Tax Revised Form 16 Part A&B for the F.Y.2020-21
8) Automated Income