Can a 30% flat deduction bring taxpayers back to long-term investments, insurance?
When the new income tax regime was introduced in 2021, people were taken aback by the lack of most deductions. However, the simplified tax regime made a lot of sense. Gone was the hassle of tracking investments, loans, or charitable contributions. Instead, taxpayers pooled their income, calculated tax liabilities, and filed returns with ease, embracing
Can a 30% flat deduction bring taxpayers back to long-term investments, insurance? Read More »