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Understanding NTR vs. OTR: When to Choose Each for Your ITR

The new tax regime (NTR) offers lower tax rates but comes with substantial limitations compared to the old regime (OTR). It is crucial to thoroughly assess your financial objectives and unique circumstances before choosing between NTR and OTR. While the new regime's lower tax rates may seem appealing, the old regime provides a broader array of tax advantages through various deductions and exemptions that can significantly impact your overall tax obligations. Therefore, it is essential to carefully evaluate both tax regimes and their respective benefits before making a decision.

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Understanding NTR vs. OTR: When to Choose Each for Your ITR

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  1. Tax Filing Software Gen GST Return Filing & Billing Software Gen Payroll Software for HRM Management Genius Tax Return Software Gen Complaw ROC/MCA Filing Software

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