From F.Y 2020-21, you can decide to pay income tax
under an optional new tax regime. As per Income Tax Section 115 BAC, the new tax
regime is allowable for people and HUFs. Poor tax slab has no deductions or exclusions
is the key element. Arrangements of the new tax regime are secured under section
115BAC.
Showing posts with label Should you go for the New Or Old Tax Regime for F.Y.2020-21. Show all posts
Showing posts with label Should you go for the New Or Old Tax Regime for F.Y.2020-21. Show all posts
Friday, 21 August 2020
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