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Economy News

The Economic Times

Economy / The Economic Times

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Draft Income Tax Rules: Will old regime regain its edge?

On paper, the reform appears tidy. The number of rules falls from 511 to 333 and forms from 399 to 190, reinforcing the narrative of simplification. Yet beneath that numerical compression lie changes that materially affect taxable salary, exemption planning, and the delicate arithmetic between the old and new tax regimes.

16 Feb 2026 6:30 am