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Is It Still Possible To Opt For The Old Tax Regime After The Default Shift To NTR?
NTR vs OTR: Key DifferencesUnder the new tax regime, certain exemptions and deductions available under the OTR, such as HRA (House Rent Allowance), Leave Travel Allowance (LTA), and Chapter VIA ...
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Budget 2025: ₹12 lakh tax-free, lower rates for high earners. Does Old Tax regime still make sense for you?
Even without HRA, a taxpayer earning ₹13.75 lakh would have a lower tax liability under the OTR (₹57,500) compared to ₹75,000 under the NTR. The same holds true for those earning up to ₹15 ...