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deduction in new tax regime

11 July, 2020, 06:40 PM IST

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DEDUCTION IN NEW TAX REGIME

Investment in NPS via this route can help you save tax in new tax regime

Investment in Tier-I account of NPS via your employer allows you to claim a deduction from your gross total income under the Income-tax Act even under the new lower tax regime. Here's all you need to know about it.

Employees allowed to claim I-T exemption on conveyance allowance under new tax regime: CBDT

CBDT has now amended Income Tax rules to prescrib...

Comparison of new income tax regime with old tax regime

The new income tax regime provides for concessional tax rates vis-à-vis tax rates in ...

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