Trending @Cognizant; Tax regime selection

If Salary < 12LPA opt for new. If more, opt for old and get deductions. If you don't opt for deductions go for new.

If you have no idea about it then select Without Exemption/ Deduction

Always Choose new tax regime i.e with output exemptions when your taxable income is below 12.75( for 2024 it is 7.5L but now it is 12.75)

I need the same clarity .. which one is better to select?

Without means the latest regime (7 lpa)and the old is 5 lpa