Analysis of Income Tax Proposals for Layman as well Tax Practitioners



1. Income Tax slabs are not changed, but the tax rate for first taxable slab of income from Rs. 2,50,001/Rs. 3,00,001 to Rs. 5,00,000 is decreased from 10% to 5%. So, now there will be directly a slab of 20% after the slab of 5% tax. As in the case of very senior citizens (every individual, being a
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About the Author

CA.

I am CA. Tejas Andharia. I have started practice in year 2007. I believe in sharing knowledge. My ID is tejasinvites @ gmail.com

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