Option of new lower tax rate - 115BAC

Last updated: 15 April 2020
Quick Summary
This spreadsheet compares the old and new tax structures introduced by Section 115BAC. It includes a tax calculator to help individuals and HUFs determine which tax regime is more beneficial based on their income, age, and available deductions. The document highlights the deductions and exemptions not available under the new scheme and provides guidance on when to opt for the lower tax rates. It's a useful tool for making informed tax decisions.

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XLSX 40 KB 0 downloads Income Tax
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FILE ANALYSES THE NEW OPTIONAL TAX STRUCTURE PRESCRIBED BY FINANCE BILL 2020 #xlsx
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Submitted by · Posted 15 April 2020 · Other files by MUKESH KUMAR ANDANI · Report
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