As we know that Taxpayers can choose between two income tax regimes – Although the new, concessional tax regime offers lower tax rates as compared to the old regime, by opting for the new regime the taxpayer will have to forgo most tax deductions and exemptions but there are some value added Exemption and Deduction which can be claimed. Refer our video to know the Tax Benefits...
The old regime is the one that existed all these years which comes with allowed deductions and exemptions. To know new and old tax regieme in detail and which one should you select watch our video. Also read – Capital Gains Tax on Sale of Property – FFC Episode 30 A financial planning platform where you can plan all your goals, cash flows, expenses management, etc., which...