Will the old regime work or not?
After the proposal for making a new regime default, will the old regime exist or not in the future?
Replies (5)
Quick Summary
Finance Minister has Clearly stated that the New tax payers will be registered under New tax regime default. however the taxpayers will be given an opportunity to change to old tax regime. So, the old tax regime works
Old tax regime will continue. Tax payer has option to choose whichever is beneficial
At least till 2025 you have option to chose the one that's more beneficial to you.
Not very sure. As the promotions for new scheme increases everywhere, we are compelled to accept.
Yes. Slowly new tax regime will only be there and old tax regime will be removed
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