Unless you have exemptions with 3 lakh is better to go with new regime

DevOps Engineer

Most companies have tax calculators for deciding this . Given that you are in EY surprised a bit.  
 You can search on google for old vs new tax regime comparison and you have the answer.  
  
 Also you can probably use HRA .

Software Project Manager

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

Consultant

Which tax regime is better for 12.25LPA- Grapevine

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

Software Developer

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

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?

Which tax regime best for 20LPA salary?

Product Manager

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

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

Old regime vs new regime?

Software Engineer

Which regime is best 

New 

Old

I have a House loan only...

Tax Regime

UX/UI Designer

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?

I am having 21LPA package and I want to save taxes on the new tax regime. Please suggest

Need financial suggestions on tax saving

Senior Consultant

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

I paid 4.8L Tax and my CA somehow managed to get back 30k refund. Wanted to know if people here in similar bracket or higher .. Have managed get higher refund.
I chose old slab coz the greytHR portal said I’ll save more in that.
I don’t have a housing loan,
I have shown HRA , insurance and mutual funds

Refund from ITR ?

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

What amount of tax will be deducted monthly for a CTC of 40LPA in India? Work location - Chennai.

Monthly tax for a CTC of 40LPA?

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!

Duck the government

Earning around 50 lpa at 24 is already a great feat. Still if u want to look at the dark side, nobody can help. This rant is more common than diabetes. Yet people will stress about same thing and rant to destress. Endless cycle. Either do something about it or bring some new perspective. P.S. I am in alignment with ur rant but I’ve made peace with the state of affairs as I am not looking to move out of India and I cannot strong arm govt. individually to change this.

Which tax regime is better for 12.25LPA

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