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Am i the only one who thinks the tax changes are not that great?
Hear me out So the idea behind all the escalations was for the govt to give some tax benefits I know a lot of people are getting benefitted which is great But but but, are folks forgetting that old tax regimes have so many tax savings provisions Take home loan for example or even HRA now if i shift to new regime, i might save some incremental tax but the delta might be negligible when i compare that to full loaded old tax regime Fully loaded= HRA, Home loan interest savings, 80c etc So at the end for folks who were planning to save taxes on home loan interests or were paying higher rent, what incremental benefit do you see? Also keeping in mind that the rent will increase in future same goes for home loan rates Is anyone else feeling the same?3
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