New Income Tax Rules For FY 20-21 In Budget This Year Article - ArticleTed - News and Articles
A new income tax slab has been introduced by the Finance minister of India and BJP leader at the center, Nirmala Sitharaman during her budget speech on 1st February 2020. Some people are saying that the new slab may not benefit the public. It will especially have no difference in the tax of individuals with an income up to 5 Lakh Rupees. Those who earn Rs 10.25 lakh annually may be able to lower the amount of income under the tax slab less than Rs 5 lakh. Shaivya Nautiyal and Dinkar Nautiyal from B&M Global Solutions present an overview of the new income tax rules introduced recently.


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