Download Medakbadi Income Tax Software Vijaya Kumar FY:2024-25
Vijaya Kumar Income Tax Software FY 2024-25 : Sri.Kota Vijaya Kumar Gr-II Headmaster who is Income Tax expert in AP and Telangana employees arena. He has been preparing Income Tax Excel software for the past 10 years. He is well known to those who are preparing tax returns for AP and Telangana Employees. His Income Tax software is popular for its simplicity. The Vijayakumar Income Tax software has all qualities of Income Tax returns on par with Seshadri Income Tax Software. Employees of Telugu states can simply enter Basic Pay and Increment month can get their tax returns in Microsoft Excel format. The same can submit to the DDO without any hesitation.
Read Also
- Seshadri Online Income Tax Software for AP A4 Printable Click Here
- Seshadri Income Tax Software FY 2024-25(AY : 2025-26) Click Here
Download Vijaya Kumar Income Tax Software FY 2024-25
- AP Employees Vijaya Kumar Income Tax Software FY:2024-25 Click Here
- Telangana Vijaya Kumar Income Tax Software FY:2024-25 Click Here
How to Use Vijaya Kumar Income Tax FY:2024-25 Software
- First Enter the Basic Details of employee in left side of software.
- Enter DDO Details like Name, Designation TAN and Office Name.
- Enter the Employee Basic Pay as on March-2024
- Enter the Increment Month in the related text field.
- Enter deductions like ZPPF, GPF, APGLI, GIS.
- Enter advance tax details of employee.
- Take printout of Salary Statement, Annexure, Form-16, Rent Slip.
Section 80C Tax Savings
Here we are providing list 80C tax saving options. Employee can avail tax benefit by saving in the following plans and schemes.There are several options you can choose to save tax under Section 80C of the Income Tax Act.
- Equity Linked Saving Scheme (ELSS)
- National Pension Scheme (NPS)
- Unit Linked Insurance Plan (ULIP)
- Public Provident Fund (PPF)
- Sukanya Samriddhi Yojana (SSY)
- National Savings Certificate (NSC)
- Fixed Deposit (FD)
- Employee Provident Fund (EPF)
Income Tax Slabs New Regime FY:2024-25(AY:2025-26)
Here are the latest Income Tax Slabs for financial year 2024-25. The new tax regime has been made more appealing for small taxpayers with revised tax slabs and an increased standard deduction. In the 2024 Budget, Finance Minister Nirmala Sitharaman announced the following tax slabs under the new tax regime, as follows.
| Revised Income Tax Slab | Tax Percentage |
|---|---|
| Up to Rs. 3,00,000 | NIL |
| Rs. 3,00,001 to Rs. 7,00,000 | 5%(Tax Rebate u/s 87A up to Rs 7 lakh) |
| Rs. 7,00,001 to Rs. 10,00,00 | 10% |
| Rs. 10,00,001 to Rs. 12,00,000 | 15% |
| Rs. 12,00,001 to Rs. 15,00,000 | 20% |
| Above Rs. 15,00,000 | 30% |
List of Income Tax Softwares FY 2024-25: for AP Employees to Download
Employees of Andhra Pradesh can download various Income Tax software products given below and make use of it.
| S No | Name of the Income Tax Software, FY 2024-25 | Updated On | Download Link |
|---|---|---|---|
| 1 | #1 Seshadri Income Tax Online Software | 11/02/2025 | Click Here |
| 2 | Seshadri Income Tax Software Excel | 11/02/2025 | Click Here |
| 3 | M Jayaram Income Tax Software(Final) | 05/02/2025 | Click Here |
| 4 | C Ramanjaneyulu Income Tax Software | 05/02/2025 | Click Here |
| 5 | K Vijaya Kumar Income Tax Software | 05/02/2025 | Click Here |
| 6 | KSS Prasad Income Tax Software | 05/02/2025 | Click Here |
| 7 | B.S Chari Income Tax Software | 05/02/2025 | Click Here |
| 8 | Ch Nagendra Income Tax Software | 05/02/2025 | Click Here |
New Tax Regime, FY:2023-24
A new way of taxing people was started in the 2020 budget. They changed the tax levels and offered lower tax rates to taxpayers. But if you decide this new way, you can’t get some tax benefits like HRA, LTA, 80C, 80D, and others. Because of this, not many people liked the new tax system. In the 2023 budget, the government has made 5 important changes to make more people use the new tax system:
- Higher Tax Rebate Limit: Now, you don’t have to pay any tax if you earn up to ₹7 lakhs, which is more than the ₹5 lakhs limit in the old system. This means people earning up to ₹7 lakhs won’t have to pay any tax with the new system.
- Streamlined Tax Slabs: The limit for tax exemption is now ₹3 lakhs, and there are new tax levels: [details to be added].
| Total Income | Rate of Tax |
| up to ₹3,00,000/- | Nil |
| ₹3,00,001- ₹6,00,000/- | 5% |
| ₹6,00,001- ₹9,00,000/- | 10% |
| ₹9,00,001- ₹12,00,000/- | 15% |
| ₹12,00,001- ₹15,00,000/- | 20% |
| ₹15,00,001 and above | 30% |
Income Tax Slabs FY 2023-24(AY:2024-25)
It’s time to know the slab rates of Income Tax and take a look at it. we are here providing Income Tax Slabs rates for the financial year 2023-24 under both tax regimes. This tax slabs applicable for resident individuals aged less than 60 years, HUF, NRI with income in India.
| Net Taxable Income | New Tax Regime IT Slab Rates FY 2022-23 | Old Tax Regime IT Slab Rates FY 2022-23 |
|---|---|---|
| Up to Rs 2.5/- lakh | Exemption from Tax | Exemption from Tax |
| Rs 2,50,001/- to Rs 5 lakh | 5% | 5% |
| Rs 5,00,001/- to Rs 7.5 lakh | 10% | 20% |
| Rs 7,50,001/- to Rs 10 lakh | 15% | |
| Rs 10,00,001/- to Rs 12.5 lakh | 20% | 30% |
| Rs 12,50,001/- to Rs 15 lakh | 25% | |
| Over Rs. 15 lakh | 30% |
Download Vijaya Kumar Income Tax Software FY 2023-24
- AP Employees Vijaya Kumar Income Tax Software FY:2023-24 Click Here
- Telangana Vijaya Kumar Income Tax Software FY:2023-24 Click Here