Download Excel-Based All-in-One Automatic Income Tax Preparation Software in Excel for Non-Government (Private) Employees for Tax Year 2021-22 New and Old Tax System Finance Minister Nirmala Sitharaman has announced the inclusion of a new provision in the 2020 Union Budget, known as 115BAC, in the Income Tax Act. The second BAC Law 115, after the 2020-21 tax year, defines a new discretionary income tax structure for Hindu individuals and Undivided Families (HUF). Let’s understand the new panel fee, the eligibility measures for the new system, and the allowances allowed or…