New tax regime #39;sweetened#39; to benefit maximum number of taxpayers: CBDT Chairman Nitin Gupta
Speaking to PTI during a post-Budget interview, Gupta said the intent of the government while announcing the new slabs and rates under the new tax regime is to gradually "do away with deductions and exemptions" so that the "long-standing demand of reduction of taxes for individual taxpayers and entities can be met."
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