Will the old regime work or not?
shivam bhatia (231 Points)
02 February 2023
After the proposal for making a new regime default, will the old regime exist or not in the future?
5 Replies
Vijay Sarathy
(7 Points)
Replied 02 February 2023
Finance Minister has Clearly stated that the New tax payers will be registered under New tax regime default. however the taxpayers will be given an opportunity to change to old tax regime. So, the old tax regime works
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 02 February 2023
Old tax regime will continue. Tax payer has option to choose whichever is beneficial
naval rungta
(95 Points)
Replied 02 February 2023
At least till 2025 you have option to chose the one that's more beneficial to you.
Sindhuja Sivaraman
(Student)
(115 Points)
Replied 02 February 2023
Not very sure. As the promotions for new scheme increases everywhere, we are compelled to accept.
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 03 February 2023
Yes. Slowly new tax regime will only be there and old tax regime will be removed
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