Tax Saving Tips in New Income Tax regime |

As we near the end of the financial year 2023-24, are you confused about which tax regime to choose and which deductions to avail of to reduce tax liability?
The new tax regime was introduced in FY21 and witnessed significant amendments through the Union Budget for FY24. Here are a few to mention:
1. Income tax slab rates were revised
2. The rebate u/s.87A is now extended up to Rs 7 lakh of income
3. The benefit of standard deduction has been introduced
4. A marginal relief is introduced for income between Rs 7.5 lakh to Rs 7.78 lakh range
5. Above all, the new tax regime is the default option while filing the income tax return.
While all these lucrative benefits attracted taxpayers, the new income tax regime comes with a big blow by removing most of the deductions and exemptions available in the old tax regime.
But the answer is that there are still a few tax deductions in the new income tax regime waiting for you.
Watch this video fully to know all tax-saving hacks present in the new Income Tax Regime.
Make use of unexplored deductions available in the regime and minimize your taxes.
Talk to your financial expert and choose wisely
#mutualfunds #taxregime #newtaxregime #oldtaxregime #newvsoldtaxregime #savetaxes #howtosavetax #howtosavetaxin2024 #incometaxreturn #incometax #budget2024
#taxkaisebachaye #taxsavinginnewregime #oldregimevsnewregime

[@manimarana2316]

Well and good THANK YOU