Navigating the New and Old Tax Regime in Delhi NCR

 Delhi NCR taxpayers are often caught between the new and old tax regime. The new regime offers lower slab rates without deductions, while the old one retains exemptions like HRA, 80C, and standard deduction. Salaried individuals in Gurgaon or Noida, with home loans or high deductions, may find the old regime more beneficial. Conversely, freelancers and high earners with fewer investments could gain more from the new system. It’s crucial to evaluate which regime maximizes post-tax income.


Comments

Popular posts from this blog

Understanding Mutual Fund Ratings – A Key to Smart Investing

How Can MoneySign Help You Understand and Improve Your Relationship with Money?

What Does Healthy Personal Finance Look Like?