Please finance experts elaborate the thing if possible.thanks
@bobby4080 abhishek012
Old Tax if if you have deductuctions amount of 3.75L otherwise new tax regime.
New Tax regime for annual salary of 7.5L and below.
If you have home loan and similar exemption then old tax regime is good
Compare both and check
It's not a straightforward answer.
It depends on how much you earn, what exceptions are you eligible for.
In a broader term if you make 10L/annum and you can do exceptions of over 3L then old is better.
old only if you have a home loan or intend to take a home loan within next 2 years.
new in all other cases
