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88% individual taxpayers shift to new tax regime, CBDT chief rules out sunset clause for old regime
A significant 88% of individual taxpayers have embraced the new income tax regime, with presumptive tax cases seeing a 97% ...
The Union Budget 2026 left the income tax structure unchanged, but taxpayers are once again faced with a key decision — ...
Union Budget 2026 maintains the existing income tax framework, with the new regime offering tax-free income up to Rs 12 lakh for individuals. While the old regime continues with its deductions, the ...
The old tax regime refers to the income tax calculation and slabs that existed before the introduction of the new tax regime ...
As many as 88 per cent of individual taxpayers have moved to the new tax regime and the government is not thinking of ...
Finance Minister Nirmala Sitharaman will present the Union Budget 2026 on February 1, and taxpayers are watching closely as the government may gradually phase out the old income tax regime in favor of ...
CBDT chief reveals 88% of individual taxpayers chose the new tax regime. No sunset clause for the old regime is planned.
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