Old vs New tax regime

For a salaried employee ranging from 10 lpa to 17 lpa, which tax regime would you suggest for? Old vs. New?

8mo ago

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QuirkyNarwhal

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.

DerpyMochi

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.

ZoomyBurrito

If under 10-13 for for old and 13-17 go for new

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Curated from across

by DancingBiscuitEY

Which tax regime is better for 12.25LPA

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

by SquishyBananaDeloitte

With Only HRA and Section 80C exemption

by WigglyDonutInfosys

I'm working in infy with a salary of 13.6 LPA and no investments.

Which tax regime is better

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