There is no direct answer to this question. The answer usually varies from one person to another. Different factors come in the picture: the person’s income, investment, applicable deductions, etc.To find out which tax regime is suitable for you, you can understand both regimes, note the exemptions and deductions applicable to you, consider your financial planning initiatives in the short-run as well as the long-run and make the choice between the old tax regime and the new tax regime.