I am having 21LPA package and I want to save taxes on the new tax regime. Please suggest
One question
If you have a loan then you have to pay tax?
Yes if you salary falls in taxable slab
Like if you have a 10 lakh base
Then it ranges in taxable 30%
Then you have to pay tax right
If you have a loan or not it doesn't matter
Similar situation with the same salary, no house loan and low rent cost. Currently in New Regime as there is really no use with the old one now.
You can avail NPS deduction where employer is deducting your salary and putting it into NPS. Not the vice versa.
I know you are asking for new regime but if possible switch to old one. Before switching just calculate if you exhaust the limit of 80C, 80D and actual HRA what is the difference.
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.
Any tax planning recommendations / tips / third party suggestions for someone earning ~25lpa ?
I am salaried & have opted for new tax regime. I have zero liability (no EMIs, etc). Closed both my home loan & car loan. I live in my own house.
My yearly tax comes out to be around 12 Lakhs. I want to know if there is a scope to save ...
Hi, I wanted to take community's advice on tax saving suggestions to opt for and plan my investments. This is what I have:
CTC: 21L ( 19L Fixed , 2L variable pay in CTC )
80C is covered, Currently I have 50L home loans. & Staying in r...
