Budget 2021 did not make any changes to slab rates or major deductions, leaving the choice between old and new regime much the same as last year.

The old regime is beneficial for most types of profiles that we considered. The only exception is the retired senior citizen who is not claiming deductions such as the standard deduction, tax saving investment or house rent allowance.
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Here is a graphic look at the tax you pay -
Catch every big news on Budget 2026, Nirmala Sitharaman announcements, income tax changes and much more on a one stop destination.
Catch every big news on Budget 2026, Nirmala Sitharaman announcements, income tax changes and much more on a one stop destination.
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