The Indian government has introduced several changes to the tax regime. It's crucial for taxpayers to understand these modifications to make informed decisions. This post will break down the key aspects of the new tax regime, compare it with the old one, and help you decide which is more beneficial for your situation.
Key considerations include tax slabs, available deductions, and long-term financial goals. We will explore scenarios for salaried individuals, freelancers, and small business owners.
Old Regime vs. New Regime
A detailed comparison table will be provided here...
Key Deductions Under Each Regime
Exploring HRA, 80C, 80D, and other relevant sections...