Income Tax: Know About The Rules Coming Into Effect From April 1 | Read

From April 1, the new financial year will come into effect, which will lead to several new changes. But it is the change in the income tax rules that will impact the users most. She announced in her Budget speech this year that a new tax regime will come into effect that will several benefits to the assessors. This will be the default tax regime unless a taxpayer chooses the old regime while filing the income tax return (ITR).