Union Budget: Govt hopes 80% taxpayers to move to new regime ...Middle East

Under the new regime proposed in the Budget, allowances such as HRA and LTA will be added to the income and taxed. Currently, these allowances are not counted while calculating the taxable income. Individuals are also allowed claim a deduction for home loans if living in the property.

Hence then, the article about union budget govt hopes 80 taxpayers to move to new regime was published today ( Wednesday 05/02/2020 - 06:50 AM ) and is available on The Times of India ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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