The latest income tax regimen, which comes that have straight down tax costs and you will a lot fewer income tax pros, try introduced in 2020 however, have not discover of several takers but really. Extremely taxpayers nevertheless will continue the fresh new old routine when you are filing the tax statements.
Revenue Assistant Tarun Bajaj into the Saturday asserted that the existing money tax techniques need to be disincentivised which have a view so you’re able to prompt even more visitors to opt for the brand new money-taxation regime. Continue Reading Dated income-tax program which have deductions must wade: Money Assistant Tarun Bajaj