DancingDumpling
Old vs New tax regime
For a salaried employee ranging from 10 lpa to 17 lpa, which tax regime would you suggest for? Old vs. New?
8mo ago
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For a salaried employee ranging from 10 lpa to 17 lpa, which tax regime would you suggest for? Old vs. New?
It all depends on how much deduction can you take and if you are a person who invests.
If you are able to get your taxable salary under 10L then obviously the old regime is better.
If you don't care about investments or anything just go for new regime.
If u don't have a home loan then the new regime is best. Otherwise the old regime, it will give u extra deduction on interest paid to bank.
If under 10-13 for for old and 13-17 go for new