01 Jul Income Tax Guide for Salaried Persons – Financial Year 2020-21
Government of India, for Financial Year 2020-21, has introduced ‘New Tax Regime’ giving taxpayers option to pay income tax at a reduced rate, provided they surrender the exemptions and deductions otherwise available to them. This has left taxpayers in a fix as they are still contemplating if ‘New Tax Regime’ shall be beneficial to them.
To assist such taxpayers, we have prepared a guide to make salaried persons understand and compare their tax liability under old and new tax regime. This will help them to opt for the option best suited to them. We have also complied various tax saving options available for taxpayers, so that they can plan their taxes and investments well in advances. We urge you to download and go through the document provided below and start planning your taxes for Finance Year 2020-21 from today only.
Click on the link below to download the Income Tax Guide for Salaried Persons for Financial Year 2020-21 (Assessment Year 2021-22):
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