Should You Opt for Old or New Tax Regime in FY26–27? Draft IT Rules Explain Tax Savings
As India prepares for the financial year 2026–27, taxpayers face a crucial decision: whether to continue with the old tax regime or shift to the new one. The draft Income Tax Rules for FY26–27 provide clarity on exemptions, deductions, and slab structures, helping individuals evaluate which regime offers better tax savings. Old Tax Regime: Traditional…