Standard deduction on salary increased to 75k (only new tax regime)

Alert: a rant post Today I saw my payslip after a long time and WTH! I don't know what they'll take once bonus comes in. Paying this much for no water, bad air, corrupt babus and all those douche things. As much as patriotic I am, this is just insane. On top of this add all the GST and sheet ton of other indirect taxes. Living in India and paying like Europe. Wow!

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. 😀

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

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?

What does "Tax deducted at source" mean? Cuz my company is deducting 200/- as professional tax already along with provident fund. Does anyone know or it's a fancy term for "pay us more tax"?

I am a software engineer in Bangalore having base CTC 13.8 lpa. Which brings me to a tax of more than a lakh rupees, what are the possible ways to reduce this taxed amount.

One of my uncles (50 years old) has to pay Rs 37K tax every year, he is the sole earner in his family, he is a very simple and honest middle class man trying to provide for his family, is there any way that he can save that tax? They live paycheck to paycheck, As the tax amount is a lot for him, pls help with what can be done? I’ve seen people who earn hell lot more paying 0 taxes, pls help Home EMI= Rs 25K per month Family members= 6 (Wife, 2 daughters, Parents) No Mutual fund SIP, no health insurance, no knowledge of how to save taxes

If you are salaried and earning 1Cr+, how are you saving on taxes? My net tax burden comes up around 40 lakh every year (and it hurts) Looking to understand if and how you are able to save on taxes

Standard deduction for employees increased to 75k STCG increased to 20% LTCG increased to 12.5% 🥹🥹🥹