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Economy News

The Economic Times

Economy / The Economic Times

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Old vs new tax regime: Key changes explained

Indian taxpayers will transition to the new Income Tax Act, 2025, from April 1st. While the new regime offers lower rates, revised allowance exemptions under the old regime, particularly for HRA, may make it more attractive for some. Taxpayers must now recalculate to determine their optimal tax strategy.

23 Mar 2026 6:30 am