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Changes of income tax applicable from 1st April 2021

 Balwant Jain The new financial year has begun and with this certain new income tax rules have come into effect. Let us discuss the changes Applicable to individual taxpayers. First year for Option to choose from Two tax regimes The budget for 2020-21 has introduced a new tax regime, which an individual tax payer can opt, of lower tax rates coupled with a very few deductions available and...

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Changes of income tax applicable from 1st April 2021

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