FAQs on new scheme of Income Tax introduced in Budget 2020



Q. When will the new scheme be applicable? A. The new Scheme will be applicable from Asst Year 2021-22 (i.e. Financial Year 2020-21). Q. What is the new Scheme? A. Under the new Scheme, Tax Rate will be reduced subject to certain conditions Q. What are Tax Slabs under new Scheme? A. The
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