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Tax deduction on salaries: CBDT says tax will be calculated at New Tax Regime rates if employees dont opt out : comparemela.com
Tax deduction on salaries: CBDT says tax will be calculated at New Tax Regime rates if employees don't opt out
Finance Minister Nirmala Sitharaman in her this year’s Budget speech said that the new tax regime will be treated as the default tax regime if the employer doesn’t register his or her choice with the employee.
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