ITR filing: Here is a lowdown on new income tax regime— check exemptions and deductions

ITR filing: Here is a lowdown on new income tax regime— check exemptions and deductions

Although a range of tax-related changes are introduced every year for taxpayers, a few key changes are ‘radical’ and occur only once every three or five years. The introduction of the ‘new tax regime’ is undoubtedly one such key change that is substantive, and will transform the way income tax is calculated and deductions allowed. … Read more