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ITR Filing AY 2026-2027: Old vs. New Tax Regime - Which is Better?
Taxpayers in India must file ITR by July 31, 2026, or be switched to the new default tax regime. The old regime remains attractive for many due to a wider range of deductions, despite the new regime's higher basic exemption and lower tax rates. Archit Gupta of ClearTax advises careful evaluation of eligible deductions under the old regime to optimize tax savings.
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Times of India