I'm thinking of going with the new regime and I'm really dumb with deductions.
From what I've read, other than the Employer's contribution to EPF, everything falls under taxable income.
You will get standard deduction of 50k. Also check with your employer for NPS scheme. Employer contribution to NPS up to 10% of basic salary is exempt without limit.
There is app called myTaxIndia, just put all your details in that and it'll generate your tax, also you'll get info about how to save tax and which regime is good for you.
Around 1.05 Lakh
Which company???
It’s so painful to see the amount of money I end up paying on the name of tax. Presently doing - 1.5L of LIC and pf + 50k NPS + HRA. What else can be done? My CTC is 55LPA.
Try doing a havan for goddess Laxmi
I have very few knowledge on Tax. So sharing my queries here. Kindly guide me
In my Aug month salary slip I got to know about this.
Annual Income - 7,92,xxx (Without std. deduction) Tot. Tax payable - 30,xxx Tax deducted till date - 1...
Hi Guys please help me with calculating inhand salary post tax deduction
