Budget 2025: देश का बजट पेश होने में चंद दिन रह गए हैं. Finance Minister Nirmala Sitharaman 1 फरवरी को उम्मीदों का बजट संसद में पेश करेंगी. बजट को लेकर हर किसी को उम्मीदें हैं खासतौर पर Income Tax को लेकर. क्या Income Tax Slabs में बदलाव हो सकते हैं? क्या Standard Deduction की लिमिट को बढ़ाया जाएगा? इस पर GoodReturns की Editor Bhawna Gupta ने FUTURE FOCUS: BUDGET 2025 के नए एपिसोड में Economist & Tax Guru Sharad Kohli से खास बातचीत की.
#budget #budget2025 #unionbudget #unionbudget2025 #FMSitharaman #PMModi #NirmalaSitharaman #IncomeTax #budgetexpectations #Taxslabs #GST #TaxRules #IncomeTaxSlabs #NewTaxRegime #OldTaxRegime #TaxinBudget2025 #ITR #incometaxfile #GDP #Economy #taxpayers #goodreturns #sharadkohli
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NewsTranscript
00:00Hi, this is Bhavna and you are watching GoodReturns.
00:08Budget 2025 countdown has started.
00:11In this, different industries have different kinds of expectations, demands and expectations from the budget.
00:17Most of the expectations are about middle class, especially about tax.
00:22So, we will try to find out what can be announced in the budget and what are the expectations.
00:27In today's episode of Future Focus Budget 2025, we have with us Mr. Sharad Kohli, who is an economist and tax expert.
00:35Sir, thank you very much for joining us and talking to us.
00:38Thank you. Thank you so much.
00:40Mr. Kohli, first of all, I would like to understand from the economic angle that how this upcoming budget can accelerate our economy.
00:49What are your expectations from the budget 2025 in terms of economy and growth?
00:53Namaskar Bhavna and my greetings to all your followers and viewers.
00:59The budget is coming at a time when the economy of the country has slowed down.
01:04Last year, we were growing at a rate of 8.2%.
01:08The projections for the financial year 2024-2025 show that we will grow at a rate of 6.4%.
01:16This means that our rate of growth has slowed down.
01:19This is considered to be a sharp fall in the GDP.
01:23So, I think the budget will try to accelerate this slow growth rate.
01:27However, there is a global scenario which says that the world's economy is growing at a rate of 2.7%.
01:37So, you can understand that if India is growing at a rate of 6.4% and the global economy is growing at a rate of 2.7%,
01:43then India is also growing at a rate which is twice as fast as the global economy.
01:49However, India is the 5th largest economy in the world and the 3rd largest economy in the world.
01:55So, I think India has a responsibility to become the world's growth engine for itself and for the world.
02:02Looking at the budget, it seems that the focus of the budget will be on consumption.
02:07Why did I talk about consumption?
02:09Let me tell you that the GDP of our country is made up of 60% consumption.
02:17When you and I buy goods and services, 60% of the GDP is made up of these things.
02:25The rest is manufacturing, agriculture, services, etc.
02:2960% of the GDP is made up of these things.
02:31So, if the consumption is slow, then the GDP will slow down.
02:37So, in order to give boost to the GDP, we will have to increase the consumption.
02:41And the solution to increase the consumption is that there are four growth engines of the economy.
02:51Let me make it easy for all the followers and viewers so that you can understand the whole thing easily.
02:56The first engine is what the government spends, which we call infrastructure spending.
03:01The government builds roads, airports, ports, railway stations.
03:05The government has spent a lot in this.
03:07Last year, it was a little less because of the elections.
03:09So, there is a policy paralysis in the elections.
03:12It slows down a little in the elections.
03:14This engine slowed down a little.
03:16So, first of all, the government will increase this engine.
03:18This also puts money in people's pockets.
03:20This is the first engine.
03:23The second engine is what we call private investment.
03:25When the industry installs new factories, expands the present capacity.
03:30This is the second engine.
03:32The third engine is private consumption, which I just talked about.
03:35And the fourth engine is export.
03:37So, when these four engines fire, then the economy will speed up.
03:41So, I think in this budget, attention will be given to these four engines.
03:45That they are speeding up.
03:47Then money will go into people's pockets.
03:49And if money goes into people's pockets, then the GDP will increase.
03:52Sir, you have explained it very well.
03:54Apart from this, in the budget, what do you think is the sector that can be focused on the most?
04:00Whether it is Infra, Railway, Defense, anyone.
04:02Sir, which sector are you looking at?
04:04Look, the focus cannot be removed on defense in today's situation.
04:08You must have noted that the allocation of defense in the coming budget,
04:12or those who follow the budget, increases from the last time.
04:15Some increase due to inflation.
04:17Some defense personnel's salaries increase.
04:19The pension bill increases.
04:21But India's overall defense budget increases.
04:24And especially, we live in such neighborhoods,
04:26where our neighbors are not very friendly.
04:29Pakistan, China, and now even Bangladesh.
04:32Nepal also sometimes gets inspired by China and keeps doing mischief.
04:36So, when you live among such neighbors,
04:38then you have to keep a very strong grip on your weapons.
04:42And you also have to constantly upgrade your weapons.
04:45I am talking in a very basic language.
04:47So, the focus is going to be on defense.
04:50There is no doubt about it.
04:52Apart from this, the focus will be on
04:54a country like India,
04:56where 60-70% of the population
04:58is directly or indirectly dependent on agriculture.
05:02That is, it is directly or indirectly dependent.
05:05If there is no talk of agriculture in such a budget,
05:07it is also not possible.
05:09So, there will be another sector on agriculture
05:11where the focus is going to be.
05:13And the third focus, I think,
05:15will be on increasing export and manufacturing in India.
05:19Because Make in India has picked up speed.
05:21In the beginning, the share was not growing so fast
05:24when it was the Purzo share of Make in India.
05:27Now, this share has started to grow little by little.
05:30Now, we are coming as China's alternate.
05:32More than 1,60,000 crores.
05:34So, we have exported only mobile phones from here.
05:37In which 1,00,000 crores of Apple iPhones are there.
05:40So, I think the focus is going to be on Make in India.
05:42There are many other sectors.
05:44I will talk about it later.
05:46Now, sir, let's focus a little on income tax.
05:49Because middle class,
05:51if we talk about a common man,
05:53there is a manufacturing hub.
05:55What does the middle class need from all these things?
05:58They need relaxation in tax.
06:00So, this is the most important.
06:02Sir, do you think that in this budget,
06:04there can be some changes in tax?
06:06Can the common man get some relief?
06:08You have said a very good thing, Bhavna.
06:10But I will keep a few figures in front of you
06:12that will surprise you about tax.
06:14If there is an income tax return of 8 to 10 crores,
06:18you will be surprised to hear
06:20that those who actually get tax from their pockets,
06:22their count will be around 2 crores.
06:24And the count of middle class,
06:26the middle class that we have right now,
06:28according to my estimation,
06:30as an economist,
06:32I can say that
06:34we have a middle class of 60 to 70 crores.
06:36So, the figures that I was telling you
06:38to surprise you,
06:40you see,
06:42we have a middle class of 60 to 70 crores.
06:44Of that, 8 to 10 crores
06:46file a return of 8 to 10 crores.
06:48And out of that,
06:502 crores people actually pay tax.
06:52The Prime Minister himself
06:54has said this in a speech two years ago.
06:56At that time, it was 1.5 crores.
06:58I have added 50 lakhs more to it
07:00that from then on,
07:0250 lakhs more people must have been added.
07:04So, if you put more money in the pockets
07:06of the taxpayers,
07:08if you reduce the rate of tax,
07:10it will be beneficial that
07:12they will use that savings in consumption.
07:15Either they will save it and keep it in the bank
07:17or invest it or spend it.
07:19So, I think when they will spend it,
07:21it will increase.
07:23But the thing to note here is
07:25that their count is very low.
07:27So, if you want to put money
07:29in the pockets of the middle class,
07:31then you will have to take a step
07:33against inflation
07:35which should be seen in this budget.
07:37This is my expectation.
07:39This is my wish list.
07:41This is what I want from the budget
07:43Very comprehensive announcements
07:45should be made this time, Bhavna.
07:47Because when inflation will reduce,
07:49the middle class people who do not pay tax
07:51will also get money in their pockets.
07:53They will save 4 paise in their pockets
07:55and they will spend it.
07:57I am giving you this in the matter of tax.
07:59If you ask specifically about tax,
08:01then I hope the slabs of tax will change.
08:03The rates of tax,
08:05I think the new regime
08:07in which 5%, 10%,
08:0915%, 20% and then 30% tax
08:12will be imposed on the middle class.
08:14I think this slab will be relaxed
08:16because the definition of middle class
08:18has also changed a little.
08:20The middle class used to be 5-7 lakhs
08:22and now it has reached 15-20 lakhs.
08:24I am talking about a few years ago.
08:26So, I think there will be some relief
08:28this time.
08:30I hope that some relief will be given in tax.
08:32Although few people will get relief
08:34of the 2 crore people I am talking about,
08:36but it will definitely come.
08:38Sir, apart from this, last time
08:40we saw how the standard deduction
08:42in the new tax regime
08:44was reduced from 50,000 to 75,000.
08:46This time, it is expected
08:48that it should be reduced to 1 lakh
08:50to make it more attractive.
08:52But do you think that
08:54in the new tax regime, it was reduced
08:56from 50,000 to 75,000 but in the old tax regime,
08:58there was no change in the standard deduction.
09:00Do you think that
09:02this time, there can be some announcement
09:04about the standard deduction in both of them
09:06or it should be?
09:08Bhavna, as a taxpayer,
09:10you and I both pay taxes.
09:12We hope that it should be increased.
09:14This is an old saying of Ghalib.
09:16There are thousands of wishes.
09:18May my wishes come true.
09:20May my desires come true but less.
09:22The more it happens, the better.
09:24But the question you asked about the old regime,
09:26Bhavna, that is a very good question.
09:28I think that the old regime
09:30has become a little bit of a step-mother.
09:32She wants more and more people
09:34to come to the new regime
09:36and last time,
09:38two-thirds of the taxpaying population
09:40has come to the new regime.
09:42I think that whatever changes
09:44will be made,
09:46most of them will be made in the new regime
09:48because she wants this number to increase
09:50and reach up to 95-95%.
09:52So that the old regime becomes
09:54irrelevant and redundant
09:56that so many people will be left
09:58that leave the old regime,
10:00take the new regime.
10:02So if I answer your question
10:04that there are less chances of heavy changes
10:06in the new regime,
10:08I think that the old regime
10:10will be left as a step-mother.
10:12Sir, moving forward,
10:14the Finance Minister
10:16said a few days ago
10:18that 65%
10:20of the taxpayers
10:22have adopted the new tax regime.
10:24That is, 2 out of 3 taxpayers
10:26file their income tax return
10:28under the new tax regime.
10:30And this data,
10:32this change has only come in the last one year.
10:34And as you said,
10:36the old tax regime
10:38has somehow become a step-mother.
10:40So sir, if I ask you directly,
10:42is the government's goal
10:44that when everyone adopts the new tax regime,
10:46the old tax regime
10:48will be abolished?
10:50Yes, absolutely.
10:52We cannot abolish it immediately.
10:54Let me tell you the reason.
10:56Under Section 80C,
10:58you get insurance premium,
11:00NSC, PPF,
11:02a lot of relief.
11:04And there is a housing loan
11:06in Section 24.
11:08So people have taken
11:1015-20 years of housing loan
11:12from the tax point of view.
11:14Someone has taken an insurance policy
11:16for 15-20 years.
11:18They give a premium every year
11:20that we get rebate in 80C.
11:22So I think that's why it wasn't
11:24abolished immediately.
11:26Otherwise, it should have been abolished
11:28as soon as possible.
11:30So people who have committed
11:32to long-term investment
11:34will be stuck in the middle.
11:36But as the new regime
11:38becomes attractive,
11:40even after taking these deductions,
11:42the old regime will not be beneficial for you.
11:44That's why I think
11:46that the new regime will be
11:48made more attractive.
11:50And one more thing that is necessary
11:52to add in this,
11:54with your permission,
11:56we are talking about
11:58the new tax bill.
12:00Last time, when the budget
12:02was announced in July,
12:04they said that
12:06they want to simplify it.
12:08They want to make it easier.
12:10They want to make it transparent.
12:12They want to make it easy to read.
12:14I think we can hear
12:16some announcements in that.
12:18The tax system
12:20should be brought
12:22and changed.
12:24I can see that
12:26the new regime will also become attractive.
12:28And a new look
12:30of the income tax law
12:32will be introduced.
12:34Our income tax law
12:36is now a senior citizen.
12:38It was introduced in 1961.
12:40It is 64 years old now.
12:42I think it needs to be
12:44filled with new energy.
12:46Sir, the way we are saying
12:48that a new law can be introduced,
12:50what kind of changes are you seeing
12:52and how will it be beneficial?
12:54The biggest benefit
12:56is that reading the tax
12:58will become simple for the common man.
13:00You may not have
13:02read the income tax act.
13:04It is from 1961.
13:06If you open it and read it,
13:08you will only read a few pages
13:10and then close it.
13:12You will think that it is very complicated
13:14to read. Proviso, subsection, etc.
13:16It will be simplified
13:18so that the common man
13:20can do his own compliance.
13:22Secondly, I think
13:24there are many outdated sections
13:26in it.
13:28There are very old sections
13:30which are not relevant
13:32in today's inflation.
13:34They will be removed.
13:36I think the new act will be small,
13:38concise, simple,
13:40easy to understand
13:42and it will be such that
13:44you have to go to the tax advisors
13:46as little as possible.
13:48So that the taxpayer himself
13:50can pay his tax easily.
13:52Importantly,
13:54you will be surprised to hear
13:56that about 46 lakh crores
13:58are stuck in tax disputes
14:00in different courts.
14:02Income Tax, CIT Appeals,
14:04Tribunal, High Court, Supreme Court.
14:06These are all very big figures.
14:08So many disputes
14:10will be tried to end
14:12so that there is no need
14:14for a fight.
14:16The government should give tax
14:18and assess it.
14:20If you steal something,
14:22the government should ask you.
14:24Otherwise, it should be kept simple.
14:26You have explained it very well.
14:28In 2020, when the new tax regime
14:30was introduced,
14:32initially people did not like it.
14:34The basic difference between
14:36the two was that
14:38there was some benefit of investment
14:40and not in the new tax regime.
14:42However, people are slowly shifting
14:44My first question to you is
14:46whether there should be
14:48a benefit of investment in the new tax regime?
14:50Secondly, I would like to know
14:52which tax system
14:54is beneficial
14:56and which one do you
14:58personally prefer?
15:00Bhavna, you asked me
15:02a very easy question.
15:04Let me answer your second question.
15:06The easy answer to this is
15:08that the tax regime
15:10in which there is less tax
15:12is the best tax regime.
15:14According to the tax rates
15:16introduced in the new tax regime,
15:18according to me,
15:20people who have more income
15:22i.e. more than Rs 10,000,000
15:24or Rs 15,000,000
15:26feel that the new tax regime
15:28is beneficial.
15:30In fact, there is a calculator
15:32on the Income Tax Portal.
15:34You can enter your income
15:36in both the regimes.
15:38It calculates and tells you
15:40that if you have less income,
15:42the new regime is more beneficial
15:44because you have to pay
15:46less tax.
15:48If you have an annual income
15:50of less than Rs 15,000,000
15:52and you invest.
15:54You said a very good thing
15:56which was your first question.
15:58Investment is a good habit.
16:00I think investment comes
16:02from saving.
16:04First, there is saving and then
16:06there is investment.
16:08You said that people
16:10will lose the habit of investing.
16:12I kept saying that
16:14even if the regime has changed,
16:16don't stop investing.
16:18People who invested
16:2020-30 years ago
16:22have become old.
16:24They have a regular income
16:26and have a good corpus.
16:28When they were investing,
16:30they used to say that
16:32it is a big problem
16:34that they have to save
16:36a lot of tax.
16:38Today, they say that
16:40investment is a good habit.
16:42Even if you are in the new
16:44or old regime,
16:46don't invest only because of tax.
16:48You have to invest in both ways.
16:50You have to see your retirement
16:52and take a big expense
16:54like buying a car,
16:56getting married,
16:58studying,
17:00spending for your children.
17:02You should keep investing
17:04but the tax regime
17:06is beneficial for higher incomes.
17:08There will be changes in the
17:10coming budget which will
17:12make it more beneficial.
17:14On one hand, the government
17:16wants people to adopt
17:18the new tax regime.
17:20People who invest for tax
17:22should invest in the right
17:24place and get
17:26a good income.
17:28In the last budget,
17:30we have seen that
17:32the long-term capital gain
17:34tax has been increased.
17:36What are your expectations
17:38regarding this?
17:40If you look at the long-term
17:42capital gain, it is okay.
17:44Earlier, it was a little less
17:46but the change was that
17:48there was an indexation
17:50in the capital gains.
17:52The indexation was removed.
17:54I will tell you why it was removed.
17:56As I said,
17:58this is the intention
18:00of the government.
18:02This should be a simple tax.
18:04Due to the indexation,
18:06you have to see the indexation
18:08every year.
18:10Calculating it is a little
18:12complicated.
18:14To remove the complication,
18:16the indexation was removed.
18:18If you buy and sell a house
18:20and you have a long-term capital gain,
18:22the government has given you a choice
18:24that you can take an indexation
18:26and pay 20% tax.
18:28If you buy a house,
18:30you can pay 12.5% tax.
18:32Now, 12.5% tax has been imposed
18:34on equity shares.
18:36There is no change in this.
18:38The tax has increased a little.
18:40According to me,
18:42the capital gain is the most
18:44complicated head of income
18:46of the entire income tax.
18:48There are five heads of income
18:50in the income tax.
18:52Salary, capital gain,
18:54house property, income from other
18:56and income from business.
18:58These are the five sources.
19:00The capital gain is the most
19:02complicated.
19:04I think the government wants
19:06this to be simplified
19:08so that people understand
19:10that there is a little tax
19:12happening here and there.
19:14Sir, do you think that
19:16a decision can be taken
19:18on corporate tax?
19:20I don't think so.
19:22The government has already
19:24faced a lot of criticism
19:26and criticism.
19:28A few years ago,
19:30a relief of Rs. 1,40,000-1,50,000 crores
19:32was given.
19:34People said that the relief
19:36was given to corporates
19:38and not to individuals.
19:40Corporates have more relatives
19:42like Adani and Ambani.
19:44You must have come to know
19:46that there is a lot of criticism
19:48on the government.
19:50I think the corporate rate
19:52matches the international
19:54parameters.
19:56They are almost at par
19:58with any other
20:00emerging economy.
20:02I don't think
20:04there should be
20:06any relief in the corporate.
20:08The relief that came
20:10earlier was very big.
20:12It was going to last
20:14for many years.
20:16I don't think
20:18there should be
20:20any relief in the corporate.
20:22There can be small changes
20:24like depreciation
20:26and annuity provisions.
20:28But I don't think
20:30there should be any major
20:32change in the corporate.
20:34If we talk about the salaried class,
20:36the basic exemption limit
20:38of Rs. 3 lakhs is already
20:40expected to be increased to Rs. 5 lakhs.
20:42Do you think that this time
20:44the relief of the taxpayers
20:46will be fulfilled?
20:48I am with you.
20:50If it is fulfilled,
20:52it can't be better than this.
20:54I have told you that
20:56I wish I had it.
20:58Otherwise, I would have
21:00increased it to Rs. 7 lakhs.
21:02Yes, it should be done.
21:04As I said,
21:06if people get money in their pockets,
21:08the economy will
21:10catch up.
21:12As I told you in the beginning,
21:142 crore people pay taxes.
21:16There is a collection of
21:18Rs. 23-24 lakh crores per year.
21:20I would like to say
21:22something
21:24which is necessary.
21:262 crore people
21:28are feeding the country
21:30in inverted commas.
21:32They are paying all the taxes.
21:34If the government
21:36sucks them out,
21:38it doesn't seem fair.
21:40They should be given relief.
21:42I think the taxpayers
21:44have become VIPs.
21:46In a population of 145 crores,
21:482 crore people pay taxes.
21:50They have become VIPs.
21:52They should be given more relief.
21:54Their children should be admitted
21:56early.
21:58They should not stand
22:00in the queue of the railway.
22:02They should get a chance
22:04to have tea with the Prime Minister.
22:06What do you think about the
22:08deduction limit of CATC?
22:10Can it be expected to be increased?
22:12CATC.
22:14The government keeps saying
22:16CATC.
22:18It has increased by 1.5 lakhs.
22:20It hasn't increased in the last few years.
22:22In every budget,
22:24it is expected that
22:26ATC will increase.
22:28It has increased in the
22:30freezer section of the fridge.
22:32ATC comes under the old regime.
22:34We talked about being
22:36the step-son of the old regime.
22:38We also talked about
22:40the low chance of ATC.
22:42I think if you don't discuss
22:44any provision of the old regime,
22:46it will be better.
22:48If you talk about the new regime,
22:50the government will also be happy.
22:52I think there is a lot of hope
22:54for change.
22:56We have understood that
22:58there is not much hope for change
23:00in the old tax regime.
23:02We were talking about inflation.
23:04I would like to ask you
23:06how can inflation
23:08be eased?
23:10Are there any steps
23:12that can be taken?
23:14What are your expectations?
23:16You have asked a very good question.
23:18In economics,
23:20when there is an imbalance
23:22between growth and inflation,
23:24RBI always targets
23:26inflation first.
23:28They want to reduce inflation
23:30even if there is a growth compromise.
23:32But inflation is still not under control.
23:34RBI has also accepted
23:36food inflation.
23:38I have given a new name
23:40to this inflation.
23:42I have called it
23:44ATP inflation.
23:46Potato, tomato, onion inflation.
23:48Sometimes potatoes increase,
23:50sometimes tomatoes,
23:52onions and so on
23:54spoil your budget.
23:56I think there should be
23:58announcements related to inflation
24:00in the budget.
24:02What the government will do
24:04will depend on the government.
24:06But as an economist,
24:08I think the poor
24:10are giving inflation a lot of air.
24:12A farmer takes 10 rupees per kilo
24:14to the market and cries
24:16that he has worked so hard
24:18and is getting 10 rupees per kilo.
24:20You and I, as consumers,
24:22buy potatoes for 40-50 rupees
24:24and we cry.
24:26Who laughs in the middle?
24:28Who makes a profit in the middle?
24:30We have such a long supply chain.
24:32We have Aarti, commission agents,
24:34wholesalers, retailers,
24:36shopkeepers.
24:38Profit and profit are distributed everywhere.
24:40I think the government should
24:42pay attention to the supply chain
24:44so that it is not so that
24:46everyone earns profit from it.
24:48If it is reduced, it will be expensive.
24:50Second, saving.
24:52You will be surprised to hear
24:54that potatoes, tomatoes, onions
24:56are made like a share market.
24:58As soon as it becomes expensive,
25:00we leave it little by little.
25:02To stop this accumulation,
25:04the government should take a step
25:06and immediately take a step.
25:08Second, the supply chain should be corrected.
25:10When do you have to export?
25:12When do you have to stop export?
25:14When do you have to import?
25:16This is often heard.
25:18But I think there is a need to
25:20streamline more.
25:22If you want the food inflation
25:24to remain under control,
25:26you need to control it immediately.
25:28This is why the rate of GDP
25:30is falling.
25:32Sir, as you are a tax expert,
25:34for the ease of our viewers,
25:36I would like to understand
25:38through an example.
25:40Assume that the income of a taxpayer
25:42is Rs. 12 lakh.
25:44What do you think?
25:46This question is asked a lot.
25:48If my salary is this much,
25:50in which regime should I
25:52file my tax?
25:54In the income of Rs. 12 lakh,
25:56how can I file my tax?
25:58How can I save money in my pocket?
26:00Basically, this is my question.
26:02Yes, I have a salary of Rs. 1 lakh.
26:04Friends and relatives
26:06are very attractive
26:08when they tell me that
26:10I have a salary of Rs. 1 lakh.
26:12But after deducting the tax,
26:14it does not remain much.
26:16If you have a salary of Rs. 12 lakh,
26:18then you get a standard deduction
26:20in the old regime of Rs. 50,000.
26:22If you have taken a housing loan
26:24and you have a salary of Rs. 12 lakh,
26:26and you invest Rs. 1.5 lakh
26:28in ATC,
26:30you have taken a medical claim
26:32or medical insurance policy in ATD,
26:34and you have taken a housing loan,
26:36if you have done all this,
26:38then the old regime
26:40will start showing benefits
26:42on the salary of Rs. 12 lakh.
26:44If you have not taken a housing loan
26:46and you do not invest Rs. 1.5 lakh
26:48in ATC,
26:50you have not taken medical insurance,
26:52then the old regime
26:54will start showing benefits
26:56on the salary of Rs. 12 lakh.
26:58I am not doing this
27:00with a calculator.
27:02I am telling you the parameters.
27:04If you have any doubts,
27:06then I will advise you
27:08to go to the income tax portal
27:10and log in to your account.
27:12There is a calculator
27:14which gives you a comparison
27:16between the old regime
27:18and the new regime.
27:20If someone has a housing loan
27:22but does not have an ATC,
27:24then these numbers
27:26may differ for each person.
27:28But generally,
27:30the old regime
27:32is more beneficial
27:34to those who have
27:36the things I have told you.
27:38And as soon as your income
27:40goes above Rs. 12 lakh,
27:42we have seen that the new regime
27:44is more beneficial
27:46even if you have all these things.
27:48Thank you so much
27:50for sharing
27:52such insightful information with us.
27:56You just heard Mr. Sharad Kohli
27:58who is a renowned economist
28:00and tax expert.
28:02How can the middle class
28:04get relief?
28:06What are the possible announcements
28:08that can be made
28:10from the perspective
28:12of tax and our economy?
28:14What do you think
28:16how much relief should we get
28:18from the old regime tax?
28:20What relief are you hoping for?
28:22Do comment and let us know.
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28:34Along with this,
28:36I would like to share
28:38a separate playlist of
28:40Future Focus Budget.
28:42There you can see
28:44future focus series.
28:46You can find
28:48short clips on
28:50our channel.
28:52So, don't forget to subscribe.
28:54Thank you for watching us.