Decoding The New Tax Regime | Managing Money With Moneycontrol

Finance Minister Nirmala Sitharaman announced a new optional income tax (I-T) regime in her Budget 2020 speech. Here is all you need to know about it.

We answer your questions about what changes have been announced, what deductions are impacted, does it makes sense for you to shift regimes, can you switch back, would you need a tax advisor, and whether your employer has a say in the choice of the regime.

Watch the video for all the details.