Old vs New Regime — Tax & Loan Planner

On the flying/Sec 10(14) allowance: exemption for pilots' flying and per-diem pay is tied to actual expenditure and CBDT/tribunal precedent, not a flat notified slab — most airline payroll (as on the payslip this planner is modelled on) treats it as fully taxable at source and leaves the exemption, if any, to be claimed at return-filing. Enter a figure here only once the client's CA has substantiated it; it's treated as exempt in both regimes.

₹25,000 (self & family) or ₹50,000 (self/spouse is 60+); ₹25,000 (parents) or ₹50,000 (either parent is 60+) — max ₹1,00,000 combined if both self and parents are senior citizens. The ₹5,000 preventive health check-up allowance sits inside these caps, not on top of them.