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No, under the new tax regimeintroduced in India, effective from the financial year 2020-2021, individualshave the option to choose a simplified tax structure that offers lower taxrates; however, it does not allow for certain deductions and exemptions,including the 80g deduction. In the new tax regime, individuals are noteligible to claim deductions for donations made to eligible charitableorganizations under section 80g of the income tax act. The trade-off for thelower tax rates in the new regime is the waiver of these deductions andexemptions. Individuals opting for the new tax regime can still make donationsand contribute to charitable causes, but they would not be able to claim anydeductions on their taxable income for these donations. It is recommended toconsult with a tax professional or refer to the income tax guidelines forspecific details regarding the new tax regime and its impact on deductions.
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