Deductions in the new tax regime as per Union Budget 2023-24

Pranab Banerjee , Last updated: 06 July 2023  
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The Union Budget 2023 scrapped around 70 deductions in the new tax regime for individual taxpayers. Exclusions include deductions up to Rs 1.5 lakh under Section 80 C and benefits on health insurance premiums u/ Section 80D. However, some deductions are only available to taxpayers under the new tax

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Published by

Pranab Banerjee
(Software Maker & Income Tax Practisioner)
Category Income Tax   Report

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