Business, Management and Accounting
5 years ago

New Tax Regime Offers Simplified Filing and Lower Burden for Individuals

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Studies in Indian Place Names
TAX IS A GAME CHANGER? – A CASE STUDY ON MAJOR REFORMSINPERSONAL INCOME FINANCIAL YEAR 2021:
Bharti Ranade, C. Nagadeepa

Paper Summary

The Indian government introduced a new optional personal income tax regime to simplify tax filing and reduce the tax burden on individuals. This regime allows taxpayers to choose lower tax rates by giving up certain exemptions and deductions.

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