What is meant by the purity of gold? The purity of Gold is measured in Karats (denoted by K or Kt, although commonly, it is also mis-denoted as Ct or C which is the abbreviation for Carat which is used to denote weight of Diamonds/Gemstones. (1 Carat = 200 miligrams))….
Income Tax Rates F.Y. 2020-21 (A.Y 2021-22)
Tax Slabs and Rates under the New Regime In the new budget for the fiscal year 2020-21, Finance Minister Nirmala Sitharaman introduced the new income tax rate for tax-payers in India under section 115BAC. The Finance minister said in her budget speech that the Current Income Tax Act is full of…
