Mumbai, July 29 -- The word tax evokes a sense of lethargy and urgency almost simultaneously. Tax saving investments each financial year (FY) under the old tax regime were invariably done in the last quarter despite the benefits of starting earlier. That's lethargy. In the process, urgency was immediate to complete it, invoice it and pat oneself on the back for another year managed, albeit at the last minute. This pattern repeats in the second half of the calendar year when it is time to file tax returns. Usually, the July 31 deadline is known well in advance and yet chartered accountants every year claim to be busiest on the last day of filing for tax returns. Thankfully, the income tax department recognises this behaviour conundrum when i...