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

Saturday, 30 May 2020


Introduce new Section 115BAC in 2020 budget

In the 2020 budget, Finance Minister Nirmala Sitraman announced a new tax system to further reduce tariffs and tax rates. It has long been claimed by most taxpayers, but it took up the issue of removing all available exemptions and exemptions.

Monday, 11 May 2020

If you Opt-in Old Tax Regime then you can get the Tax Exemptions. Important for tax planning. It reduces the tax burden of an assessee. Let's take a look at important deductions in Income tax F.Y. 2020-21 and A.Y. 2021-22. Or if you Opt-in as New Tax Regime, then you can not avail the below all Exemptions.