First check your income and pay attention to the annual taxable income. The old tax rezymes found under Section 80C at ELSS, EPF, PPF, LIC up to ₹ 1.5 lakh, discount on medical insurance under 80D, housing loan interest, HRA and many other benefits as well as deductions.
The slab rate of tax is low in the new rezim. Second, deductions and discounts are also available in a very small amount. This is especially useful for people who do not want to invest much. Celerid individuals can change the rezym, while some limited conditions apply to the freelancer and businessman.
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