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budget |personal tax rate cuts – to elect or not to elect?
finance minister announced significant cuts in personal tax rates for individuals and hufs. the government vocalised its underlying intent to boost people's income and stimulate demand and growth. however, the tax cuts are accompanied by a cost where taxpayer electing the lower tax regime would need...
https://www.moneycontrol.com/news/business/budget/budget-2020personal-tax-rate-cuts-to-elect-or-not-to-elect-4894431.html