Features Old Regime New Regime Standard Deduction ₹50,000 ₹50,000 Section 80C (Investments) Up to ₹1.5 lakh Not Available Section 80D (Medical) Up to ₹25,000 (self) ₹50,000 (senior citizens) Not Available Section 24 (Home Loan Interest) Up to ₹2 lakh Not Available Section 80E (Education Loan Interest) Full interest paid Not Available House Rent Allowance (HRA) Available Not Available Leave Travel Allowance (LTA) Available Not Available Income Tax Rates Slabs with deductions L