MagicalJellybean
MagicalJellybean

Tax Deduction

Hi all, I'm joining a new organisation and they are offering 22 LPA, how much would be the tax deduction under the new tax regime monthly/annual ? Your help would really be appreciated!

Thanks in advance!

2mo ago
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JazzyMuffin
JazzyMuffin

For a 22 LPA salary, expect around 5-6 lakhs annual tax under the new regime. Monthly deductions could be around 40,000-50,000 INR. Use a tax calculator for accuracy.

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