Articles by CA Hetal Thakkar

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Exemptions prescribed for taxpayers opting for New Tax Regime- Section 10(14)

  CA Hetal Thakkar    07 July 2020 at 09:35

The taxpayers opting to be governed under the new tax regime have to forego various deductions and exemptions, unless specifically provided.



The New Regime of Taxation

  CA Hetal Thakkar    22 June 2020 at 09:45

In order to provide significant relief to the individual taxpayers and to simplify the Income-tax law, the Finance Act 2020, has recently introduced new concessional personal tax regime, (hereinafter referred as 'New tax regime'), by inserting Section 115BAC in the Income-tax Act,1961




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