What changes took place from old regime to the new regime?
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The budget for 2020-21 has introduced a new tax regime, which an individual tax payer can opt, of lower tax rates coupled with a very few deductions available and fewer exempt allowances available instead of the regular tax regime where you have to pay tax at higher rates but have right to claim various exemptions
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The budget for 2020-21 has introduced a new tax regime, which an individual tax payer can opt, of lower tax rates coupled with a very few deductions available and fewer exempt allowances available instead of the regular tax regime where you have to pay tax at higher rates but have right to claim various exemptions and
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