In A First, Personal Income Tax Part Of Class 9 Syllabus, NCERT Book Talks About New Regime
NCERT Class 9: The new tax regime was first introduced in India during the Union Budget in February 2020, effective from the financial year 2020-21.
Personal income tax has been introduced into the Class 9 curriculum as part of lessons on managing personal finances, with the National Council of Educational Research and Training (NCERT) bringing in slab-wise tax calculations for the first time. The new curriculum, which is part of the textbook Understanding Society India and Beyond-Part 2, focuses solely on the new tax regime and does not mention the old tax regime.
The textbook highlights that India follows a slab system for calculating income tax, presenting a table of tax slabs and explaining the steps required to calculate tax liability using those slabs. The inclusion of personal finance education in the curriculum aims to give students a practical understanding of financial management, covering income, expenditure, savings, investments, borrowing, risk protection, and taxes.
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