Income Tax: The old tax regime leads to greater tax saving on account of deducations against investments but levies higher tax rates. On the other hand, new tax regime does not allow deductions but levies lower rates of tax.
Income Tax: The old tax regime leads to greater tax saving on account of deducations against investments but levies higher tax rates. On the other hand, new tax regime does not allow deductions but levies lower rates of tax.
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