Is it ok not to change the tax slabs considering the inflation these days.
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if it was done in this interim, opposition would have blamed that current Govt. is doing appeasement politics with lucrative slabs and incentives to gain votes.
yes it is ok for long term, considering 2.5L slab earlier in 2014 and 7L no tax in 2023-24
Interim budgets never get any changes in tax rates or exemptions. Wait for post election budget.
But don't expect too much, as government focus is on long term development rather than short term relaxation to tax payers. (Unless government changes, which is almost impossible under current situation).
When they are winning easily, so they won't give any relief to Poor, Middle class
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I don't think many realise that there won't be tinkering in individual taxation like 80c extension etc. This govt already introduced new tax regime giving a very clear indication that they want to scrap off old tax regime. So they can't announce increasing 80c or 80d or any such benefits as that will cause shifting of those who opted for the new tax regime to the old tax regime again.
Even if UPA forms govt they will happily embrace the new tax regime.
Govt don't recruit enough tax officers, pressure on tax dept is so much they don't care if u evade some taxes as detecting it manually not worth their time (unless detected by automatic system),
then comes tax payers who claim deduction without any investment i saw people claiming house loan deduction without any loan 
this is why old tax regime will be gone in 2-3yrs no more hassle for govt, no way to bypass taxes for salaried everything is tracked and no clever way to bypass tax
Evasion by buisnessmans not gonna reduce though, but forcing them to pay more tax gonna be bad for economy I guess so let them enjoy
Tax payers do not vote anyway
The bigger dilemma is should we go for extra investment options over 80C like NPS and all. If they discontinue the old regime there will be no point continuing these. NPS has compulsion to invest some amount every year once we start.
Nps is life long commitment. Don't take it just for tax benefits.
Dear Admin and Moderators, Why this political post is allowed in a forum which discusses good deals and discounts in online shopping.
It's in finance. Not deals section
I have a conviction: In the final budget (it seems the general consensus is they'd win), old tax scheme shall be abolished... sirf ek hi bansuri bajegi... they've been waiting to do this for long!
Result: Only new tax scheme prevailing, maybe rebate (nil tax) shall be elevated upto 8L...
Rationale: Old scheme is too complex, too old fashioned, etc... (heard this tune playing for years in the last budget speeches)
Repercussion: Insurance, AMC stocks shall see some fall temporarily...
Old regime has a few years I think. But it will get shot down, just a matter of when.
Govt needs our tax money to feed the annadatas via free fertilizers, MSP and what not.
Annadatas are capable of buying fertilizers. Government just need to maintain the prices in their reach. Comparing to Congress this government is handling inflation very poorly.
When they are winning easily, so they won't give any relief to Poor, Middle class
Interim budgets never get any changes in tax rates or exemptions. Wait for post election budget.
But don't expect too much, as government focus is on long term development rather than short term relaxation to tax payers. (Unless government changes, which is almost impossible under current situation).