New Delhi, Jan. 29 -- With just three days to go for the Budget 2025, there are concerns over whether Finance Minister Nirmala Sitharaman will abandon the previous income tax system as the Union Budget 2025 deadline draws near. Many experts speculate that it may soon be eliminated with an increasing number of taxpayers opting for the new tax system and the government's push for a simplified, transparent approach. Will Budget 2025 end an era for the old tax regime?

"Given the government's biased stance towards the new tax regime, the growing number of people choosing it, and the fact that the limits for various deductions under the old regime have not been updated since the new system was introduced, don't be surprised if the finance mini...