Copyright © 2026 Authors retain the copyright of this article. This article is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

@article{205443,
        author = {Priyanka L Konnur},
        title = {A COMPARATIVE STUDY OF THE OLD AND NEW INCOME TAX REGIMES IN INDIA : AN ANALYTICAL PERSPECTIVE},
        journal = {International Journal of Innovative Research in Technology},
        year = {2026},
        volume = {13},
        number = {1},
        pages = {6582-6586},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=205443},
        abstract = {The introduction of the New Tax Regime under the Income-tax Act, 1961 represents a significant shift in India’s personal taxation system, aiming to simplify tax compliance by reducing tax rates and eliminating most exemptions and deductions. This paper undertakes a comparative analysis of the Old Tax Regime and the New Tax Regime with reference to their structural framework, applicable tax slabs, exemptions, deductions, and resultant tax liability for individual taxpayers. The study employs illustrative income-based scenarios to assess the relative tax burden under both regimes across different income levels. The findings indicate that the Old Tax Regime remains advantageous for taxpayers who avail substantial exemptions and deductions, whereas the New Tax Regime is more suitable for individuals with limited tax-saving investments and preference for simplified compliance. The study concludes that the effectiveness of each regime varies according to the taxpayer’s income composition and investment behaviour, and highlights the importance of informed regime selection for optimal tax planning.},
        keywords = {Income Tax, Old Tax Regime, New Tax Regime,Tax Slabs,Deduction ,Tax Planning},
        month = {June},
        }