Which tax regime is better for 12.25LPA
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
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 .
Unless you have exemptions with 3 lakh is better to go with new regime
