Join My whatsapp GroupExercising option for deduction of TDS under old and new rates of Income Tax for the Financial Year 2020-21
Exercising option for deduction of TDS under old and new rates of Income Tax for the Financial Year 2020-21
The
Government of India has notified new tax structure w.e.f. the financial year
2020-21 (assessment year 2021-22) wherein the total taxable income shall be
computed without any exemption/deduction such as Standard Deduction, HRA
Exemption, loss from house property, deductions granted under the provisions of
Chapter VI-A (except deduction under sub section(2) of Section 80CCD). The new rates of income tax are as follows
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