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Starting FY 2023-24, the new tax regime will be the default regime to file returns, as announced by finance minister Nirmala Sitharaman in the annual budget speech on Feb 1.
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https://www.hindustantimes.com/business/new-income-tax-regime-other-rules-to-kick-in-from-apr-1-what-taxpayers-need-to-know-101679884543653.html
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