![New tax regime: Deductions and exemptions explained New tax regime: Deductions and exemptions explained](https://i0.wp.com/www.livemint.com/lm-img/img/2025/02/06/1600x900/tax_1738840867668_1738840867997.jpg?w=600&resize=600,400&ssl=1)
New tax regime: Deductions and exemptions explained
Source: Live Mint While the new tax regime trims down the deductions and exemptions available to taxpayers, it still offers several strategic benefits that can lighten the load for individual taxpayers. Here’s a breakdown of what you can still claim under the revamped system. Deductions For salaried individuals who opt for the new tax regime,…