New Income Tax Section 115 BAC

Tax Calculator All in One for the Bihar State Govt Employees F.Y.2020-21 U/s 115BAC

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 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.

Tax-Slab-for-A.Y.-20120-21

Also, it is clear that no relaxation to the Senior Citizen in the New New Tax Regime). We Prepared a Unique Income Bihar State Government Employees for the F.Y.2020-21 as per the new Budget 2020 with New and  Old

 Also, it is mentioned in the Budget 2020, that you should fill a Form for your Option in the New Form 10-IE if you opt-in the New Download Automated Income Tax Preparation Excel Based Software All in One for the Bihar State Government Employees for the Financial Year 2020-21 and Assessment Year 2021-22 U/s 115BAC

Bihar State Employees salary Structure

Feature of this Excel Utility:-

1) This Excel utility prepares and calculates your income Section 115 BAC (New and Old

2) This Excel Utility has an option where you can choose your option as New or Old

3) This Excel Utility has a unique Salary Structure for Bihar State Government Employee’s Salary Structure.

4) Automated Income Income Tax Revised Form 16 Part B for the F.Y.2020-21

6) Individual Salary Sheet

7) Automatic Convert the Amount to the In-Words without any Excel Formula

8) You can prepare more than 100 Employees Income Tax Forma.

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