"The new tax regime offers an option other than itemised deductions and is in line with tax systems around the world. It is to provide some relief to people who, because of their financial situation, are not able to access all kinds of exemptions.," revenue secretary Ajay Bhushan Pandey told TOI.
from Times of India https://ift.tt/2UgPCaZ
from Times of India https://ift.tt/2UgPCaZ