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member since: Aug 18, 2021 | Viewed: 551

Should You Go For The New Personal Tax Regime? Features, Benefits And Conditions

Category: Finance

From FY 2020-21, you can choose to pay income tax under an optional new tax regime. The new tax regime is available for individuals and HUFs. “Lower tax rates but no deductions/exemptions” is the key feature. Provisions of the new tax regime is covered under section 115BAC. For more information visit: http://wisemanconsulting.in/article-detail.php?id=38

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