If you claim deduction less than the breakeven amount you should go with the new tax regime else you should go with the old tax regime. For example, Shyam has a salary of 7.5 lakhs and he takes a deduction of 1.25 lakhs then using both old and new tax system tax is the same. But ...
Under the Deductions section, you will see a note stating the maximum deduction as per old and new tax regime. Here, Enter Basic deduction as per Section 80C Contribution to NPS/ National Pension Scheme – if any, Medical Insurance premium – if applicable ...