Introduction of Alternate Taxation Scheme for Individuals and HUF w.e.f AY 2021-22

Ritik Chopra , Last updated: 20 May 2021  
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A new income tax regime was introduced in Budget 2020 with more tax slabs and lower tax rates. The main motive behind this is to remove the dependency of citizens on tax consultants and simplify the tax structure. The new tax regime has reduced tax slabs for individual and HUF taxpayers with a condi

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Published by

Ritik Chopra
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Category Income Tax   Report

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