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New Tax Regime with lower rate of taxation

Expires On: Sunday, 08 June, 2025  09:55
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The new tax regime, introduced in Budget 2020, offers lower tax rates but removes most deductions and exemptions. It’s a simplified structure aimed at ease of compliance but limits tax-saving options available under the old regime.

NewTaxRegime #IncomeTaxIndia #Budget2020 #TaxSavings #OldVsNewRegime

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