Gross salary ₹12.75L → Less ₹75,000 standard deduction = ₹12L taxable income → Section 87A rebate wipes out all tax Result: ₹0 tax payable. No investments needed.
Section 80CCD(2):Your employer's NPS contribution is deductible up to 14% of basic salary.This is MORE than the old regime (10%).Available in new regime Your own NPS contribution — not allowed.
Some salary components are still tax-free under the new regime — if your employer restructures your CTC. Food: ₹2,200/month tax-free , Mobile: ₹2,000/month tax-free , Books: ₹1,000/month tax-free Combined saving: ~₹18,000+/year
In the new tax regime, these do NOT reduce your tax bill: PPF contribution, ELSS mutual funds, LIC premium, Your own NPS (80CCD 1B), Health insurance (80D) Invest in them for other reasons — not for tax saving.