Budget 2020 – Important Changes that you should know
Budget 2020, most people looking forward to this event. Prior to this event, most people are dreaming just like every year that Government will increase the 80c limit. In addition, People are also expecting the Government to increase income tax slabs, expecting indexation benefit for equity investment. But the above changes not there in this Budget. Finally, The Government in its budget of 2020 has introduced a new tax regime. However, the old tax regime will remain and taxpayers have the option to select any one tax regime. What is the new income tax regime in the Budget 2020?… A …