New tax regime #39;sweetened#39; to learn most variety of taxpayers: CBDT Chairman Nitin Gupta

Chatting with PTI throughout a post-Price range interview, Gupta stated the intent of the federal government whereas asserting the brand new slabs and charges beneath the brand new tax regime is to progressively “eliminate deductions and exemptions” in order that the “long-standing demand of discount of taxes for particular person taxpayers and entities could be met.”