By forcing investments in specialised tax-saving mechanisms, the old income tax regime gradually inculcated in people a culture of saving. It encourages saving for upcoming occasions like marriage, education, property purchases, medical expenses, etc

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  By forcing investments in specialised tax-saving mechanisms, the old income tax regime gradually inculcated in people a culture of saving. It encourages saving for upcoming occasions like marriage, education, property purchases, medical expenses, etc

• Country: India
• Ratings: 5