Basic income tax exemption slab for AY 2021-22 as per budget 2020-21 Proposals
February 1, 2020
Budget 2020-21, Income Tax
New Optional basic income tax exemption slab and reduced tax rates announced in budget 2020-21 for AY 2021-22 / FY 2020-21 In order to provide significant relief to the individual taxpayers and to simplify the Income-Tax law, the Union Budget proposes to bring a new and simplified personal …