Finance Minister Nirmala Sitharaman in Budget 2020-21 provided option to personal income tax payers to remain in existing tax scheme with exemptions and deductions or opt for a new simplified tax regime with lower tax rates but without exemptions and deductions.from Top Business News- News18.com
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New Optional Tax Regime Bound to Reduce Savings in India, Warn Experts
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February 16, 2020
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