Survey Questionnaire: A Study of the Financial Impact of
the Old vs. New Tax Regime on Salaried Employees in
India
Instructions: If you are unsure about any tax-related question, consult
your tax professional before answering.
Section 1: Demographic Information
1. What is your age group?
o 18–25 years
o 26–35 years
o 36–45 years
o 46–55 years
o Above 55 years
2. What is your annual salary range?
o ₹5,00,000 – ₹10,00,000 (Middle-income)
o ₹10,00,000 – ₹15,00,000 (Upper-middle-income)
o Above ₹15,00,000 (High-income)
3. What is your employment type?
o Private Sector
o Government Employee
o Self-employed
o Other (Specify)
4. Who helps you with your tax filing and regime selection?
o I file my taxes myself
o A tax professional assists me
o My employer’s HR department
o Other (Specify)
5. To what extent does your employer influence your tax
regime choice?
o My employer selects my tax regime for me
o My employer suggests a regime, but I decide
o My employer does not influence my decision
6. Do you rely entirely on a tax professional for selecting your
tax regime?
o Yes, I fully rely on a tax professional
o I take professional help but make my own decision
o No, I decide entirely on my own
Section 2: Tax Regime Awareness & Selection
7. Are you aware of the different tax slabs under the Old and
New Tax Regimes?
o Yes, I understand both tax slabs well
o I have a basic idea but am not fully aware
o No, I am not aware of the differences
8. Are you aware that the New Tax Regime removes deductions
like HRA, 80C, and 80D?
o Yes
o No
9. Which tax regime are you currently using?
o Old Tax Regime
o New Tax Regime
10. What influenced your decision to choose the tax
regime? (Multiple select)
o Lower tax rates
o Availability of deductions
o Simplicity of filing
o Advice from a tax professional
o Employer recommendation
o Other (Specify)
11. Do you think your salary range makes one regime more
advantageous than the other?
o Yes (Old Regime)
o Yes (New Regime)
o No
12. If given a choice, which tax regime do you think
benefits your income group the most?
o Old Regime (Deductions help reduce tax burden)
o New Regime (Lower tax rates are more beneficial)
o Not Sure
13. What challenges did you face while selecting your tax
regime? (Multiple select)
o Lack of awareness about tax deductions
o Confusion due to frequent tax policy changes
o Employer/tax professional made the decision
o Difficulty comparing deductions vs. lower rates
o Other (Specify)
14. After selecting your tax regime, how confident are you
that you made the best choice?
o Very confident
o Somewhat confident
o Not confident
15. Have you ever switched tax regimes? (Expanded options)
- Yes, from Old to New Regime
- Yes, from New to Old Regime
- No, but considering switching
- No, I am satisfied with my choice
- Switched due to changed income level
- Switched due to policy changes (Added)
Section 3: Investment & Financial Planning
16. Are you aware that the Old Tax Regime allows
deductions like 80C, 80D, and HRA, while the New Regime
does not?
o Yes
o No
o Not Sure
17. Which tax-saving investments do you use? (Multiple
select)
o PPF
o ELSS
o NPS
o FD/Insurance for tax savings
o Home Loan (Principal/Interest)
o Health Insurance (80D)
o Other (Specify)
o I do not invest in tax-saving instruments
18. What is your primary reason for investing in tax-saving
instruments?
o Tax benefits
o Long-term wealth accumulation
o Both tax benefits & wealth accumulation
o I do not invest in tax-saving instruments
19. If you use the New Regime, do you still invest in tax-
saving instruments?
a. Do you invest in tax-saving instruments even under the
New Regime?
o Yes
o No
b. Why do you invest despite no deductions? (If
answered "Yes")
o For long-term growth
o Force of habit
o Other (Specify)
20. How has your tax regime selection affected your
disposable income?
o Increased
o Decreased
o No major impact
21. How has your tax regime selection influenced your
savings and investments?
o Encouraged me to invest in tax-saving instruments (Old
Regime)
o Reduced my savings/investments (New Regime)
o No change in my investment behavior
o Not Sure
22. Does your tax regime choice influence your retirement
planning?
o Yes, I prioritize retirement savings under the Old Regime
o No, my retirement planning is independent of tax regimes
o Not applicable
Section 4: Financial Impact & Future Preference
23. If you had better awareness of tax regimes, would you
consider switching? (Added "Maybe")
- Yes, I might reconsider
- No, I am satisfied with my choice
- Maybe
24. Would you switch to the New Regime if it introduced
deductions?
a. Would you switch to the New Regime if it introduced
deductions?
o Yes
o No
b. Do you think adding deductions to the New Regime
would encourage savings?
o Yes
o No
25. What would help you make a better tax regime
decision? (Multiple select)
o More government awareness campaigns
o Employer-provided financial guidance
o Simplified tax rules & explanations
o Online tax calculators/tools
o Other (Specify)
26. What improvements would you like to see in the tax
system? (Added "Lower tax rates")
- More deductions in the New Regime
- Simplified tax slabs
- Lower tax rates
- Increased financial literacy programs
- Unified tax regime
- Other (Specify)
27. Have you ever attended a tax literacy workshop or
webinar?
o Yes (Employer-organized)
o Yes (Government/third-party)
o No
28. Do you feel you have enough financial literacy to make
informed tax decisions?
o Yes, I am confident in my tax planning
o Somewhat, but I rely on professionals for final decisions
o No, I need more awareness and guidance
29. Additional thoughts:
o "Please share any comments on how tax regimes impact your
financial decisions."
