Old regime is dead New Regime will continue.

All Benefits are given to the new regime . Slowly the government is pushing taxpayers toward the new regime. The new Regime doesn’t nudge you to invest for new regime doesn’t give benefits for investing in PPF, EPF, Insurance and mediclaim. But you have to be responsible and disciplined as in India we don’t have social security benefits from govt like pension benefits and mediclaim.

Centre discontinues SGB scheme.

The sovereign gold bond scheme was a good one but it has been discontinues. Gold is an important asset class in the global uncertainty of tariff and currency war. To invest in Gold one can look for Multi Asset allocation or Gold ETFs.

Fiscal Deficit 4.4 from 4.8 .
Fiscal impulse is negative and pro-cyclical, meaning slower expenditure in a slowing economy. RBI to start rate cutting cycle RBI likely to rate on 7th Feb’s policy meet.

ULIPs are at par with shares and MFs.

Ulips will be at par for taxation with equity and MF shares but investments up to 2.50 Lakhs enjoy EEE benefits.

TDS limits across multiple categories have been simplified for senior citizens e.g. TDS exemption limit on FDs from 50000 to 100000.
Rent Payment limit – 2.40 Lakhs to 6 Lakhs.

PS – A fractured mandate (240 seats) is better than a clear mandate (303 seats -2019) for the middle class.

A blog from Santosh G Akerkar. For Educational and Awareness purposes.
Best Regards,
Santosh Akerkar