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Budget Chat: Make the most of your IT exemptions

Last updated on: February 05, 2020 16:14 IST

This chat is over now.

Mahesh Padmanabhan, principal advsior, RelaxWithTax, will answer all your tax-related queries in an online chat on February 5, between 2 pm and 3 pm.

In Union Budget 2020-21, finance minister Nirmala Sitharaman proposed a new tax structure according to which your income will be taxed. But taxpayers can avail of these tax rates only if they let go their exemptions they avail for home loan principal and interest, and other exemptions under Section 80C, 80D, etc.

While it will take some time for the taxpayers to come to terms with the pros and cons of the old and new tax regimes and plan their tax savings accordingly, we have invited tax expert Mahesh Padmanabhan to help address some of your tax confusions.

In the light of the new proposals, Mahesh will answer all your tax-related queries in an online chat on February 5, between 2 pm and 3 pm.

Click here to post your queries and chat with Mahesh.

About Mahesh Padmanabhan

Mahesh Padmanabhan is principal advisor -- direct taxes group, RelaxWithTax Consultants Pvt Ltd, a Mumbai-based personal taxation and finance solutions provider.