Choose the new tax regime only if your total deductions and exemptions under the old regime are low
Claim employer NPS contribution under Section 80CCD(2) if available
Use standard deduction on salary and pension income
Use family pension deduction where applicable
Claim deduction for employer contribution to EPF, NPS, or superannuation within applicable limits if structured by employer
Optimize salary structure to include tax-efficient components allowed under the new regime
Use leave encashment, gratuity, and other exempt components where eligible
Invest in tax-free instruments such as PPF only for long-term goals, not for deductions under the new regime
Prefer tax-free income sources like agricultural income where legally applicable
Claim deductions for interest on home loan for let-out property if eligible
Set off and carry forward eligible capital losses as per tax rules
Use the rebate under Section 87A if total taxable income qualifies
Ensure correct reporting of all eligible income and deductions in the return
Compare old and new regime before filing to choose the lower tax option
File income tax return on time to avoid loss of eligible benefits
Use employer-provided benefits that are tax-advantaged under the new regime
Keep investment and income records to claim all allowed deductions accurately