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New tax regime vs Old tax regime: How to choose the better option for you?

Updated Mar 08, 2021 | 06:08 IST Ever since the announcement, taxpayers have been confused about whether they should stick to the old regime which offers the benefit of exemptions and deductions or switch to new regime which has lower rates New tax regime vs Old tax regime: How to choose the better option for you?  New Delhi: In last year s budget, Finance minister Nirmala Sitraman announced a new tax regime with more tax slabs and lower tax rates. This was long demanded by most taxpayers. However, the new slabs came with the catch of removal of all the deductions and exemptions available. The finance minister gave taxpayers a choice between the new regime and existing one, leaving it to them to decide which they would like to opt for. 

Gold Vs Bank FD: Which Investment Delivered Better Returns In Long Term?

Gold Vs Bank FD: Which Investment Delivered Better Returns In Long Term?
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Gold Vs Bank FD: Here s Which Asset Class Delivered Higher Return Over Long Term

Gold vs Bank FD: Here s which asset class delivered higher return over long term To get a rough idea of where one would stand had they held on to the gold bought or inherited, we have compared yellow metal s prices across different decades to the 40-year average of bank Fixed Deposit Rates (1980-2020). Source: Reuters Gold, as an asset class, has had one of its best years in recent memory. The yellow metal prices have risen over 20 percent year-to-date, though most gains came earlier in the year following the flash crash in equity markets brought about by the coronavirus outbreak.

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