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Źródło: OpenNewswire • 08.02.2026 18:16 • FinanseOryginał (en)

New Tax Regime Shrinks Deductions, Shifts Relief to Rebates

TL; DR After becoming the default in FY 2023–24, the new tax regime significantly reduced exemption-based claims, mainly among Individuals & HUFs. Total revenue foregone fell sharply, driven by a near halving of Section 80C deductions from ₹1.2 lakh crore in 2022–23 to ₹49,317 crore in 2023–24, returning to 2016–17 levels. Section 80D deductions also [...] The post New Tax Regime Shrinks Deductions, Shifts Relief to Rebates appeared first on FACTLY.

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