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Saturday, February 1, 2020

New, lower tax rates are 'optional': What it means

Union finance minister Nirmala Sitharaman on Saturday introduced new income tax (I-T) slabs and reduced the tax rates. But the reduction in rates will only be implied if a taxpayer opts for foregoing exemptions and deductions.

from Times of India https://ift.tt/2Ojqtsf

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BJP’s Rajya Sabha strength falls below 100; may rise soon

A month after touching the mark of 100 seats for the first time in Rajya Sabha, BJP’s numerical strength has come down to 95 as five of its ...