8 reasons why old tax regime is still attractive for many taxpayers in this income tax bracket

Though, under the new tax regime you may end up paying no tax on income up to Rs 7.5 lakh and and pay tax at a lower rate on when your income goes higher however old tax regime offers higher tax saving opportunities with various deductions and exemptions. However these deduction can not be claimed by all taxpayers and apply on only select individuals. Hence, it makes sense for you to check which tax regime will help you save higher tax.