DevPri
DevPri

Guys, suggest me some tax saving schemes for new regime.

6mo ago
majboormajdoor
majboormajdoor

Maximise your basic salary.

Remove all allowances.

PF will be 12%+12% of basic Get Employer NPS contribution of 10% basic.

You will save tax on 12%+10%=22% of your basic salary. PF er +NPS.

Discover more
Curated from across
Tender_cocunut
Tender_cocunutOracle3mo

Suggestions to save 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.

Jack3d
Jack3dUnicorn13mo

New to old tax scheme?

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...