Loading…
Contact Information

605, SGH,
Vaishali Nagar, Jaipur, Rajasthan - 302021

We're Available 24/7. Call Now.

Talking about the old tax regime, it has amazing to save more; while it can be used to reduce the ultimate tax burden of the taxpayers. Before you try to save on tax, it will be better to know about the old and new tax regime. Old tax regime has some of the options for tax saving that are still available under the old one as mentioned below:

  • Deduction under Section 80C – the maximum deduction under the section is Rs 1,50,000
  • Save through investments in Tax saving FDs, PFF, NSC
  • Senior Citizen Saving Schemes
  • Sukanya Samridhi Yojna


Series Article's

Ways to take advantage of tax saving options under the old tax regime

Ways to take advantage of tax saving options under the old tax regime

In the year 2020, the government of India introduced a new tax regime targeted to provide a simplified measure of tax consumption and tax filing. Now, there two tax regimes new one and old one.

Conclusion

According to the new regime, the taxpayers have reduced saving options in comparison to the old regime while the you can save more in the old tax regime and it can be used to reduce the ultimate tax burden of the taxpayers.

Leave A Reply

Your email address will not be published. Required fields are marked *