A STUDY ON EffiCIENT TAX SAVING MANAGEMENT THROUGH DIFFERENT TAX DEDUCTION IN THE OLD REGIME AND COMPARATIVE ANALYSIS BETWEEN “OLD TAX REGIME AND NEW TAX REGIME”.

Abstract

Comparative analysis of old tax regime and new tax regime with respect to different tax slabs and income section. The paper also shows saving investment is an essential part of one’s life as our government allow tax deduction and exemption in the old tax regime, as a investors which tax regime will be helpful to individual according to their income section and investment purpose has been analysed in this paper. The paper is analysed with secondary data that are collected from various governmentplatforms and analysis of the topic, the research study shows that one individual how can take advantage of Indian tax system by investing in various tax saving scheme and comparative analysis of the old tax regime and new tax regime with different income section illustrates which will be saving more according to the individual.