Sunday, March 22, 2026

New Income Tax Act 2025: Old vs new regime debate returns as allowance hikes and HRA changes shift tax math

Indian taxpayers will transition to the new Income Tax Act, 2025, from April 1st. While the new regime offers lower rates, revised allowance exemptions under the old regime, particularly for HRA, may make it more attractive for some. Taxpayers must now recalculate to determine their optimal tax strategy.

from Tax-Wealth-Economic Times https://ift.tt/O4W8dkw

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