The New Income Tax Section have include U/s 87 A where the Tax Payers (Individuals) can get the Tax Relief up to Rs. 2000/- who’s taxable income less than 5,00,000/-. It is great news for the poor tax payers as well as the Salaried Persons.
U/s 80 TTA ( Savings Bank Interest relief) has already published, where can get the relief Savings Bank Interest up to Rs. 10,000/-below 5 lakes taxable income.
You can guess how much Tax will be deposit for the Next Financial Year 2013-14 and Assessment Year 2014-15.
Here is a Advance Income Tax Preparation as well Calculation for the Financial Year 2013-14 and Assessment Year 2014-15, with all the new feature of Ne Budget and new Income Tax Section as mentioned above.
Download the same from http://www.itaxsoftware.net