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Old vs New Tax Regime: What’s the difference?

India’s income tax landscape has witnessed a significant transformation with the introduction of the new tax regime in the financial year 2020-21. This guide provides a comprehensive overview of the two primary income tax regimes in India: the old tax regime and the new tax regime.This guide aims to help you understand the old vs new regime. We will cover everything you need to know about the old tax regime and the new tax regime including the different tax slabs in India, the tax slabs in the old regime and new regime, and the various tax saving investments in both regimes.

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