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2 Points Posted on 01 February 2020
as per today budget whether 80c series and 80 d deductions eligible to claim in both old and new regime?
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On 01 February 2020 at 18:48 Report
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This discussion clarifies the eligibility of popular tax deductions, such as those under sections 80C and 80D, for the old and new income tax regimes. While the old regime generally allows these deductions, the new regime has significant limitations, primarily permitting only the 80CCD(2) deduction related to NPS contributions up to 10% of salary (not a flat £50,000).

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Studwnt
1141 Points Posted on 01 February 2020
Old yes...new no
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On 01 February 2020 at 19:27
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17269 Points Posted on 01 February 2020
Old is Gold
No deductions under chapter VIA
80C 80D 80TTA 80TTB etc
Also no standard deduction on salary
also no interest deduction on housing loan under 24(b)

Only 80CCD(2) is available upto 50000/- NPS
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On 01 February 2020 at 20:29
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student
178 Points Posted on 06 February 2020
80CCD (2) is not upto 50000/- ,
It is amount deposited by employer in the account of employee ,
Deduction can get upto 10% of salary.

50,000 is deals in 80CCD(1B).
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On 06 February 2020 at 16:49

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