December 16, 2023Business Desk

Taxpayers prefer the old tax regime over the new

Survey by Policybazar finds rising preference for insurance as a tax-saving choice, reflecting a changing financial scene, promising a secure future for Indian investors.

Source: Pexels

The survey revealed that Indians are becoming financially smart and 80 per cent of them were aware of their choice of the tax regime.

Source: Pexels

62% of 18-30-year-olds, often inclined toward short-term gains, surprisingly chose the Old Tax Regime for long-term investment reasons, per the survey.

Source: Pexels

Survey finds rising preference for insurance as a tax-saving choice, signaling a dynamic financial scene, promising a secure future for Indian investors.

Source: Pexels