I'm working in infy with a salary of 13.6 LPA and no investments.
Which tax regime is better
Considering you're getting 13fixed apart from PF.
Old Regime ( After declaring 1.5lpa in 80cc + Hra declaration 1L + Nps 50k ) = Total Tax = 1.06 L
New Regime ( With no worries of any investment ) = Total Tax = 1.05 L
I'll suggest, compare your tax and then decide. Choose old regime, if you're able to utilize full limit of exemptions of different sections, otherwise New.
New
For a salaried employee ranging from 10 lpa to 17 lpa, which tax regime would you suggest for? Old vs. New?
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
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 shoul...
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.
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