Exploring the Impact of Optional Tax Regimes on Tax-Saving Investments in India

Abstract

The motive of the study is to provide an understanding about the optional tax regime and its impact on tax-saving investments. This paper includes understanding taxpayer’s mind-set while approaching optional tax, creating awareness among taxpayer’s about new regime, shortcomings of optional tax and its impact in tax saving investments. Descriptive research design was adopted to test the pre-defined hypotheses and contribution to the existing knowledge. We used Frequency analysis and One-way Anova to find out the impact of optional tax regime on tax saving investments.