Taxpayers were enticed to join the new tax regime by the finance minister's concessional tax scheme. It has taken some taxpayers some time to switch from the old concessional tax regime to the new one since it was implemented in the 2020 budget. In most cases, the previous tax system is still used by most people. We hope you'll find this guide useful in deciding if a new or old tax regime is most beneficial after the budget of 2023-24. In addition, we discussed recent tax...