TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Guidelines for Income Tax Deductions on Salaries in FY 2018-19: Section 192, New 4% Cess Introduced.</h1> The circular outlines the income tax deduction guidelines for salaries during the financial year 2018-19 under Section 192 of the Income Tax Act, 1961. It specifies tax rates based on income slabs and age categories, including normal rates, rates for senior citizens, and those over 80 years. It introduces a Health and Education Cess of 4% on income tax, including surcharges. The document details the method of tax calculation, employer responsibilities, and conditions for deductions and exemptions. It also describes the process for filing returns, penalties for non-compliance, and the requirement for providing evidence for claims like house rent allowance and deductions under Chapter VI-A.
TaxTMI 
TaxTMI 
