Old Tax vs New Tax Regime 💰Firstly calculate your deductions and exemptions under old tax regime. Refer below ⬇️ For income level upto ₹5 lakhs the deduction limit is 0. For income level upto ₹6 lakhs the deduction limit is 1 lakh. For income level upto ₹8 lakhs the deduction limit is 2.5 lakhs. For income level upto ₹10 lakhs the deduction limit is 3.5 lakhs. For income level upto ₹12 lakhs the deduction limit is 4.18 lakhs. For income level upto ₹15 lakhs the deduction limit is 4.58 lakhs. Fo
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