New Tax Regime under Income Tax Act 1961

New Tax Regime under Income Tax Act 1961 NEW TAX REGIME Finance Bill 2020, gives an opportunity to Individuals, HUF, Business owners, and/or Professionals for concessional rates of taxes for Financial Year 2020-21. However, this concession will be applicable with certain terms and conditions. Let’s first see the Concessional Tax Rates as follows – Annual Income in Financial Year 2020-21 New Income Tax […]