Taxpayers earning ₹25 lakh to ₹1 crore could save up to ₹1.5 lakh under new regime
An analysis conducted by Grant Thornton Bharat indicates that salaried employees with annual incomes between ₹25 lakh and ₹1 crore might save as much as ₹1.5 lakh by opting for the new tax structure instead of the old one. This study takes into account standard deductions typically utilized in the previous system. Every year, salaried workers have the flexibility to select the tax regime that results in the most significant savings for them.