Accountancy, asked by shatzneo, 8 months ago

Compare and contrast the Income Tax regime in India with that of USA in terms of structure, objective, administration procedures and types of tax ?

Answers

Answered by GeniousAkanksha
0

Answer:

While under the old tax regime the salaried individuals can continue paying taxes, as they had been doing till now; under the new regime, they will be liable to pay lower taxes, provided they forego their deductions and exemptions

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