Old Tax Regime Vs New Tax Regime: There are currently two tax regimes in India. One new and one old. In the year 2020, the Government of India released the new tax regime. If we talk about it, most of the people are still filing income tax returns under the old tax regime. In India, more than 8.18 crore people file income tax returns. Out of which 85 percent people are still using the old tax regime. Which tax system is better for you? To know this, you can use…
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