Budget 2025 Expectations: Will Income Tax Deductions Under Old Tax Regime Be Eliminated?
Last Updated:January 27, 2025, 15:52 IST SBI in its pre-budget expectations recommended the government to consolidate the tax structure by phasing out exemptions under the old tax regime and transitioning all 8.2 crore taxpayers to the new tax regime. The SBI report outlines three scenarios to evaluate fiscal and taxpayer implications. As India prepares for … Read more
