For retired person , which is better new tax regime or old. Mainly income from investments viz, mutual fund Capital gain, FD interest, EPF pension.
Ans: Person having taxable income around 20-30 lacs and take deduction less than 4.25 lacs from housing loan/80C/80D, can opt for new tax regime as new slab rate is likely to be beneficial as per budget proposed for FY 2023-24
In future, you can calculate the tax from following link :
https://incometaxindia.gov.in/Pages/tools/115bac-tax-calculator-finance-bill-2023.aspx