FY 2020-21 – New Tax Rates – Impact On NRIs, Foreign Citizens
FY 2020-21 – New Tax Rates – Impact On NRIs, Foreign Citizens Budget 2020 – Effecting 2020-21 New Tax Slabs Provisions – Residents, Non-Residents (NRIs, Foreign Citizens) New Income Tax Slabs – Section 115BAC of Income Tax Act Reference to Budget 2020, presented on Feb 1, 2020 by the Union Finance Minister of India, duly passed by the Parliament on March 23, 2020, new Income Tax Slabs have been provided for FY 2020-21. A new section 115BAC has been inserted…