SleepyPotato
SleepyPotato

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

11mo ago
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ZoomyMuffin
ZoomyMuffin

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.

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Personal Finance
by BouncyHamsterTCS

TAX save guidance

My annual income is 8L.

I'm investing in somewhere where I can't show this to IT department.

I don't have any loans or anything.

And as per new tax regime around 30k is going to deduct for this year for Tax.

Can anyone help me from ...