Budget 2020 has made
the tax structure more complicated by adding three income tax slabs. The
removal of tax exemptions and deductions certainly makes compliance less
tedious, but avid tax planners who maximised their tax deductions will probably
pay more tax under the new tax regime. The budget 2020 has tried to put more
money in the hands of taxpayers by curtailing the incentives to save.
Showing posts with label New Income Tax Slab for the F.Y. 2020-21. Show all posts
Showing posts with label New Income Tax Slab for the F.Y. 2020-21. Show all posts
Wednesday, 5 February 2020
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