Rs 9-12 lakh annual income: Old or new tax regime will help you save more tax?

There is hardly any scope of tax saving in new tax regime once income goes above Rs 7.5 lakh. So, most taxpayers will be interested to know the minimum amount of deduction they require under the old tax regime to match the total tax liability under the new tax regime. If you are able to claim higher deductions than this then your income tax savings will be higher in the old tax regime.

from Tax-Wealth-Economic Times https://ift.tt/lM68srZ