Considering you're getting 13fixed apart from PF. 
  
 Old Regime ( After declaring 1.5lpa in 80cc + Hra declaration 1L + Nps 50k ) = Total Tax = 1.06 L 
  
 New Regime ( With no worries of any investment ) = Total Tax = 1.05 L 
  
 I'll suggest, compare your tax and then decide. Choose old regime, if you're able to utilize full limit of exemptions of different sections, otherwise New.

Thanks for that and I have 12.2 is fixed and 0 investment

Software Developer

I'd suggest, go for New Regime as total tax will be around 90k. This way, you'll be having cash in hand. You can invest for your future accordingly.

Consultant

Software Engineer

I'm working in infy with a salary of 13.6 LPA and no investments.  Which tax regime is better

Welcome to IT Company Discussion's Private Community

I'm working in infy with a salary of 13.6 LPA and no investments.

Which tax regime is better

Old / New tax, Which regime is better

Old / New tax, Which regime is better- Grapevine

Welcome to Personal Finance's Private Community

For a salaried employee ranging from 10 lpa to 17 lpa, which tax regime would you suggest for? Old vs. New?

Old vs New tax regime

Product Owner

Which tax regime is better old one or new one for 12.25 LPA. I am paying 20k for insurance that’s it I don’t have house loan, rent bills etc

Which tax regime is better for 12.25LPA

Hey, I'm a fresh college passout working for a startup and I gotta do taxes now(how fun). 
The organization is making me choose between the old tax regime(2022) and the new tax regime(2023).

 My in hand is 9LPA. 

Which tax regime should I choose?

Tax regime advice for fresher

Guys my ctc is 8.5 LPA could you please suggest which tax regime is best.. Assume I won't be taking any tax deductions.

Which regime is best best?

My research tells me old as my salary isn't a lot more than the 7 lakh tax slab, but my friend says new is better? Help

So if I'm willing to invest most of my salary in tax saving instruments, which tax regime to opt?

Account Manager

Which tax regime best for 20LPA salary?

Product Manager

Which regime is best 

New 

Old

I have a House loan only...

Tax Regime

UX/UI Designer

Which is better old or new tax regime if falling in the 30 % tax bracket?

Old regime vs new regime?

Hey folks
People who are earning 45-50 lacs salary ( in cash ) how much tax are you paying? Which regime did you choose? What are you doing to save taxes ? 

I really want to save on taxes so looking out for some suggestions from amazing people of this community. 😀

What's the Tax paid for 45-50 Lacs salary?

Hey folks,
I opted for the new tax regime when my CTC hardly touched the tax bracket. 
Now I earn 22LPA and my heart almost collapes after seeing the tax paid. 
2 ques: 
-Is it possible to move to the old scheme to save taxes?
- Given my salary, what are the best avenues to save tax?
Thanks 🙏

New to old tax scheme?

Growth Manager

Hi 

Just wanted to know if someone’s CTC is 8.5 LPA what Regime would be beneficial and why?

Tax Regimes

Assistant Manager

Seems like since last year the focus of government has shifted from actually making beneficial policies to enable innovation and growth of India to just collecting taxes blindly. 

They just want to harvest tax in as many ways possible and kill the middle class person.

First it was crypto. 

Then us salaried individuals started receiving notices. 

Then they levied 28% GST on online gaming. 

Now they are also checking proofs for HRA allowance and other stupid stuff which wasn't done before. 

I was wondering why there is a sudden increase in such incidents? Is the government hiding something? Are they running out of money?

Or are they just smoking weed just like us and making stupid rules?

Nirmala tai is looting us

This government’s primary intention is to collect more and more taxes in whatever mean’s possible. They don’t give a f**k about anything. And then will brag every month/quarter about record GST collection! This government is pathetic to say the least! No accountability and arrogance is at its peak. We have come to a point where we can’t even question the government otherwise you will be termed as anti national.

Any tax planning recommendations / tips / third party suggestions for someone earning ~25lpa ?

Old / New tax, Which regime is better

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