Exemption not to be claimed in New Tax Regime
Following benefits/deductions will not be available in New Tax Regime i.e.115BAC
Salary Allowance Exemption Except sec-10(14)(i) Travelling, Daily, Conveyance allowance only for official purpose.
Leave Travel Concession
Salary Deduction u/s16 (Professional Tax & Entertainment Allowance)
Interest on loan on self occupied House Property