New Delhi, June 10 -- Filing ITR 2025: As income tax (I-T) return filing season is back and taxpayers are ready to file their income tax return, you must choose one of the two tax regimes: old tax regime and new tax regime. Some taxpayers are confused as to which regime is better over the other.
Here we give reasons for why theold tax regime is better over the new tax regime. To be able to decide which regime is better than the other, one must consider the following factors.
I.Tax deductions: When you want to claim income tax (I-T) deductions which you are entitled by virtue of your investments, then you are recommended to opt for the old tax regime. On the other hand, if you have not invested in thetax-saving instruments (chapter-VIA d...
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