Section 115BAC- Should you go for the new tax regime?

Shivangi Agrawal , Last updated: 11 August 2020  
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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 are covered under section 115BAC. Let us discuss more about

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Shivangi Agrawal
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Category Income Tax   Report

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