New Tax Regime FY20-21 : Move or stick to old tax regime

New Tax regime proposed in Union Budget 2020 introduced few more tax slabs and one can choose to move to new tax regime for FY20-21 but one has to forego exemptions. This is where it gets tricky.

The process of tax filing has already been a cumbersome process for a common man and now with two different tax regimes at hand and different exemptions available for tax saving, it becomes a tedious task

Here’s is the first step for you to analyse before going further into details of new tax regime.

A sheet created by industry expert Deepak Shenoy of capital mind to help you analyse whether to move to new tax regime or stick to old one.

Also Read : Budget 2020 :Shockers and hits

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