New vs old income tax regime: Why you need to choose your tax regime in April

Budget 2023 has announced many changes under the Income-tax Act, 1961. These changes has brought forward the tax planning exercise from the end of the financial year to the start of the financial year i.e., in April. Here's why you need to choose income tax regime for your taxes now and what you can do about it.

from Tax-Wealth-Economic Times https://ift.tt/dSvm4lz