Over 85% tax filers are still opting for old tax regime; Best is yet to come for Dalal Street: Samir Arora; more

More than 85% of tax filers are still opting for the old tax regime as deductions and exemptions are still the mainstay of the middle class. As per the recently released trend report, 85% of taxpayers continued to file ITRs under the old regime and 15% under the new regime. Clear, an online tax filing platform, released this report. The platform has 5 million Indian taxpayers and over a million tax practitioners.

And in an exclusive conversation with Business Today, top investor Samir Arora talked about why investors are disillusioned with China and headed to India and also why the best is yet to come for Dalal Street.