Old vs. New Personal Tax Regime: An Explainer on Making an Informed Choice

Mayank Mohanka , Last updated: 11 February 2023  
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Executive Summary With a view to rationalize the personal tax slabs and simplifying the complex maze of a plethora of deduction claims of individuals and HUFs in their income tax returns, the Government has introduced a new regime of personal tax, by introducing a new section 115BAC w.e.f. FY 202

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Published by

Mayank Mohanka
(Chartered Accountant)
Category Income Tax   Report

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