Income Tax Deductions Financial Year 2020-21

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The Income Tax implication remains unchanged under the old tax regime for the Financial Year 2020-2021. Tax Rebate up to Rs 12,500/- is retained U/S 87A for Individuals with taxable income up to Rs 5,00,000/- per annum. Thereby implying, Individuals with Income up to Rs 5 lacs will have zero tax liability for the Financial … Continue reading "Income Tax Deductions Financial Year 2020-21" The post Income Tax Deductions Financial Year 2020-21 appeared first on Wealthtech Speaks.

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Amritesh Sinha

blogs from Kolkata