Income Tax Budget 2025: Will FM Sitharaman scrap old regime as new one gains popularity? Experts weigh in | Mint
Source: Live Mint Will the old tax regime be scrapped? No official announcements indicate that the government will abolish the old tax regime. However, discussions about its future have been ongoing. The new tax regime was introduced in the 2020 Union Budget, offering lower tax rates but without the exemptions and deductions available under the…