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Showing posts with label Old tax regime and New tax regime. Show all posts
Showing posts with label Old tax regime and New tax regime. Show all posts

Thursday, 26 March 2020


Budget 2020 proposes to allow a taxpayer to choose between the existing income tax regime (availing benefits of tax exemptions and deductions) and a new tax regime (lower income tax rates with no tax exemptions and deductions) every year as per their convenience.