Old / New tax, Which regime is better
I'm working in infy with a salary of 13.6 LPA and no investments.
Which tax regime is better
For a salaried employee ranging from 10 lpa to 17 lpa, which tax regime would you suggest for? Old vs. New?
It all depends on how much deduction can you take and if you are a person who invests.
If you are able to get your taxable salary under 10L then obviously the old regime is better.
If you don't care about investments or anything just go for new regime.
If u don't have a home loan then the new regime is best. Otherwise the old regime, it will give u extra deduction on interest paid to bank.
If under 10-13 for for old and 13-17 go for new
I'm working in infy with a salary of 13.6 LPA and no investments.
Which tax regime is better
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
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.
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?