SYNOPSIS of UNION BUDGET 2020-21 Please find below the synopsis of Union Budget 2020-21 Direct Taxation: Personal Taxation: 1. A new slab rate has been announced in the Budget for Individuals which is as under Income Group Slab 0-2,50,000 Nil 2,50,000-5,00,000 5% 5,00,000-7,50,000 10% 7,50,000-10,00,000 15% 10,00,000-12,50,000 20% 12,50,000-15,00,000 25% >15,00,000 30% However, the assesse […]
