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Old money-taxation techniques which have write-offs need to go: Cash Secretary Tarun Bajaj The tax regime, which comes which have lower taxation rates and less income tax experts, was put for the 2020 but has not yet discovered of many takers yet. Really taxpayers nonetheless choose to continue the new elderly regime if you're filing its taxation statements. Money Secretary Tarun Bajaj for the Tuesday mentioned that the existing money taxation regimen should be disincentivised having a standpoint so you're able to encourage so much more people to select the the fresh new earnings-taxation program. Bajaj mooted a move on a simplified tax income tax framework. The latest income tax regimen, which comes which have straight down income tax rates and you will less tax gurus, is actually put within…