Budget 2025: Make India rich again
India offers two income-tax regimes: the older one with various exemptions and deductions, and a newer simplified regime with lower tax rates but fewer benefits. Taxpayers must evaluate their circumstances to choose the most beneficial regime, as the new tax regime becomes the default option.
India offers two income-tax regimes: the older one with various exemptions and deductions, and a newer simplified regime with lower tax rates but fewer benefits. Taxpayers must evaluate their circumstances to choose the most beneficial regime, as the new tax regime becomes the default option.
