In a first, students will learn about new tax regime in Class 9 NCERT textbook
India's National Council of Educational Research and Training has added a section on the new tax regime to the Class 9 NCERT textbook. The material appears in a chapter called ‘Managing Your Personal Finances’ and guides students on computing tax liability as well as basic investment choices such as fixed deposits, mutual funds and equity shares. The move aims to improve financial literacy among schoolchildren.