Comparing New vs. Old Tax Regimes, Which Income Tax Regime Is Best For You?

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The income tax office has enabled e-filing forms for ITR-1, ITR-2, and ITR-4, marking the beginning of the online filing of income tax returns (ITR) for AY 2024–25 (or FY 2023–24). Taxpayers must select between the new and old income tax regimes when submitting their ITRs. In both regimes, there are differences in the tax … The post Comparing New vs. Old Tax Regimes, Which Income Tax Regime Is Best For You? appeared first on Viral Bake.

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