Old vs New Tax Regime: Decoding the Battle Between Old vs New Tax Regime for Salaried Employees! Trying to under stand which is better!!!
Old vs New Tax Regime: Decoding the Battle Between Old vs New Tax Regime for Salaried Employees! Trying to under stand which is better!!! 5 Key Changes to Boost Adoption of New Tax Regime!
The new tax regime, introduced in Budget 2020, brought concessional tax rates but came with limitations on claiming exemptions and deductions like HRA, LTA, 80C, 80D, etc. As a result, it had limited takers. However, Budget 2023 introduced 5 significant changes to incentivize taxpayers to opt for the new regime