Some Deduction should be Allowed in New Regime Like......
1. Home loan Principal & Interest
2. Life Insurance Premium
3. Mediclaim
4. Education Expense
5. Saving bank & FD interest
6. Medical Expense
@nsitharaman ji These expenses are essential for daily life; they enable a person to lead a secure existence.
If taxes are levied on these expenses without providing a corresponding deduction, it amounts to an injustice against the common person.
I humbly request you to consider this matter and allow deductions for these expenses.
Salary : ₹14.65 lakh
Tax Paid : ₹98,600
Heart Surgery Expense: ₹4.5 lakh
❌ No deduction under the New Tax Regime.
❌ No Ayushman Bharat benefit due to income criteria.
Then what's the reward for being an honest middle class taxpayer?
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