Hi, please guide me either to select new or old regime.

I am earning 30 LPA fixed, I can show full 80 C 1.5 L. LTA bills for 30 k. Medical expenses for 1 L. Apart from this I don't have much to show.

Planning to buy a flat. But don't want to be in a hurry, as I want to save some money for initial payment and then opt for a nice apartment.

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Old regime is right one, if u buy house this fy.

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A simple thumb rule is if you reduce your taxable income up to 4 lakh then go for old one. If not go for new one.
4 lakh deduction including everything.
80C, Home loan intrest, HRA, LTA, 80D, SD etc

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I too want to buy one, but don't have initial amt to buy. That s wat I am thinking.

Under which section do you claim for medical expenses

We can't claim medical expenses.. Only the insurance amt paid.

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Hi,

Can we use 10(10AA) leave encashment as tax exemption if we separated from the Job?

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Charges applicable.

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