'New tax regime is attractive', Says FM Sitharaman in Press Conference

Speaking about the new tax regime, she stated, "The new taxation regime has now got greater incentives, and attractions so that people can unhesitatingly move from the old to the new. Therefore the new taxation regime that we brought in for direct taxation two, three years ago has now got greater incentives & greater attraction so that people can unhesitatingly move from the old to the new," she added. Therefore the new taxation regime that we brought in for direct taxation two, three years ago has now got greater incentives & greater attraction so that people can unhesitatingly move from the old to the new: FM pic.twitter.com/0H71F6O8WJ — ANI February 1, 2023 On being asked about the fintech sector, Sitharaman stated, "We are looking at a futuristic fintech sector, people will be trained through Industrial Revolution 4.0, we are trying to unleash digital economy in various walks of life." "It sustains capital investment and also gives a push to the private sector while also giving tax reliefs to individuals and middle class," she stated.