Deductions — old regime only
The new regime allows only the standard deduction and employer NPS.
Up to ₹1,50,000
₹25,000 (₹50,000 for seniors) + parents
The exempt part, from your payslip
Up to ₹2,00,000 for a self-occupied home
Up to ₹50,000
80E, 80G, 80TTA…
Up to 14% of basic in the new regime, 10% in the old
Better for you
New regime
saves ₹1,05,300 a year (₹8,775 a month)
Total tax
₹97,500
Total tax
₹2,02,800