New vs old tax regime: Compute liability before making the switch

Non-investors in tax-saving instruments may opt for the new regime

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Taxpayers having income from business or profession also have to opt-in for the applicability of the new regime.

4 min read Last Updated : Aug 4 2021 | 6:03 AM IST

The September 30 deadline for filing income-tax return (ITR) for 2020-21 (assessment year 2021-22) is still some time away, but it is prudent to start the process early. One decision

Topics : TDS Direct Taxes Code Income tax Personal Income Tax Rate taxes ITR

First Published: Aug 4 2021 | 6:03 AM IST

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New vs old tax regime: Compute liability before making the switch

Non-investors in tax-saving instruments may opt for the new regime

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