Introduction: Understanding India’s Dual Tax System India’s income tax structure offers two distinct regimes — the Old Tax Regime and the New Tax Regime. Both systems aim to give taxpayers flexibility, yet each carries unique implications for deductions, compliance, and overall tax liability.Since Budget 2025, the government has continued to emphasise simplifying taxation, particularly for middle-income earners and salaried individuals. However, deciding which tax regime suits you best depends on how you earn and invest. Before choosing, let’s dive into the latest updates, comparisons, and saving strategies so you can…
Which Tax Regime Should You Choose for FY 2025–26?
