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Which regime is best best?

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.

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OrdinaryEngineer

Razorpay

5 months ago

With 8.5 CTC, if you use exemptions properly you would have to pay 0 tax with old regime! Whereas with new regime you would have to shell out ₹ 36,400/-
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Darkweb2

Deloitte

5 months ago

Great suggestion! But my inhand will get reduce if I do so right
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Navigator10

Infosys

5 months ago

@OrdinaryEngineer Please tell for 7.28 lpa also.I checked in cleartax for both old and new regime.Found new regime as best. Kindly suggest
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Gupchup

TCS

5 months ago

The old regime always helps save more in taxes if you're investing right.
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UFO

Zepto

5 months ago

Not really. If you don't have any home loan to claim interest then old regime is bad. I don't have much additional options apart from 80C, 80D
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UFO

Zepto

5 months ago

And for folks (I'm in 20L+ bracket) with <=7.5L, new tax regime will have 0 tax without any investments. But in old regime, you would have to invest to get to zero tax. So essentially lower in hand.
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ModiMeloni

Deloitte

5 months ago

Assuming you have not made any investments, new tax regime
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Darkweb2

Deloitte

5 months ago

Bit confused on New tax regime last year I saw 0-7 lakhs no tax, but now im seeing 3-6 lakhs 5% tax .. can someone explain this piece....
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Winnertakeall

Accenture

5 months ago

Just use the new regime
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