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Showing posts with label New Section 115BAC. Show all posts
Showing posts with label New Section 115BAC. Show all posts

Tuesday 9 February 2021


Financial plan 2020 has presented the new tax regime for F.Y 2020-21 notwithstanding the old tax regime. F.Y 2020-21 onwards the taxpayer can pick the best tax regime dependent on the tax-sparing potential, reasonableness, and quick needs.

Friday 7 August 2020

Budget 2020 has introduced a new income tax system for individual taxpayers. However, for the option of such discounted duty, the taxpayer will be required to deduct certain specific deductions.