A Comprehensive Guide: Old vs New Tax Regime and its Impact

Finance Minister Smt. Nirmala Sitharaman had introduced the new tax regime (Section 115BAC) for individuals and Hindu Undivided Families (HUF) for the financial year (FY) 2020–21 in the Union Budget 2020 But

Change of Taxation Rule with respect to Debt Mutual Fund

The Government has recently changed taxation rules with respect to Specified Mutual Fund which include funds whose total exposure in equity is less than 35%. What are Specified Mutual Funds: