Which deductions are allowed to salaarized individuals in new tax regime?
The new tax regime, introduced in budget 2020 and further updated in budget 2025, offers lower tax rates but removes many traditional deductions. However, Several Key Examptions and Deductions are still available to salaarized individuals. Undrstanding these can help optimize tax planning and Reduce Taxable Income. Budget 2025 update Starting from 1st April 2025, A … Read more