30/07/2025
📢 Income Tax Update – Know the Difference!
If you opt for the New Tax Regime while filing your Income Tax Returns, 👉 you are NOT required to invest in tax-saving instruments like ELSS (Equity Linked Saving Scheme), PPF, LIC, etc., to claim deductions.
✅ The New Regime offers lower tax rates but no deductions or exemptions.
📌 So, before investing in any Tax Saving Fund, ensure you’re under the Old Regime to actually benefit from it.
🧠 Choose the regime that suits your financial goals and tax planning.
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