Neutral impactEconomy
Filing income-tax returns? Here's how to calculate your ITR dues under new tax regime and old tax regime
Mint 1d ago·27 Jul 2026, 4:03 pm
As the July 31 deadline for filing income-tax returns approaches, Indian taxpayers are faced with a crucial decision: which tax regime to choose for the upcoming financial year. The new regime offers lower tax rates but fewer deductions, while the old regime allows for more exemptions. Investors should carefully compare their potential liability under both options to minimize their tax outflow and maximize their post-tax returns.
This choice directly impacts an investor's net income and, consequently, their ability to reinvest in the stock market. By optimizing their tax liability, investors can improve their overall portfolio performance. It is essential to review personal financial situations and consult with a tax professional to determine the most beneficial option for your specific circumstances.
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- Category: Economy.
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