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CA Jasmeet Singh

In God We Trust, The...ย โ€ขย 6m

Hey Tarun, These New rates are applicable only for the Individual opting for New Regime. Also these thresholds do not give benefit to the Special Rate Income like STCG/LTCG. Last Year's Bombay High Court decision was officially override by the Bill proposal. In simple words " Your STCG/LTCG shall be taxable at special rates only and wont be given the benefit of Rebate u/s 87A. I hope it's clear bhai.

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