Скачать или смотреть Rajya Sabha TV - Post Budget Discussion

Budget 2020 has proposed to introduce new income tax slabs with reduced rates for those foregoing exemptions and deductions under a "simplified tax regime".

Recently, Tax expert CA Mr. Kapil Mittal shared his views on the new tax system introduced, in a talk show named 'Sarokar' on Rajya Sabha TV (RSTV).

Mr. Mittal talked about how the Government has tried to make the calculation of tax liabilities easier for the salaried individuals. How this new system is optional and will co-exist with the old one and various exemptions and deductions available to the taxpayers. Along with that, he shared his suggestions on how the Government may change the new system.

He has shared his expert opinions on the factors and benefits that one needs to consider while choosing between the old and new tax slabs; And how it is more beneficial for the taxpayers.

To know more about the suggestions he has shared, watch this video now.