Post
Salary Discussions, Hike & Promotions
5d
a senior engineer-hydraulics
What will be my tax
I have got an offer of 1750000 CTC (1600000 Fixed + 150000 variable/bonus). Which regime should I opt for after this budget session and what would be my exact tax amount, can anyone please suggest? P.S : Basic is 48% of fixed CTC
widemermaid
4d
A Senior Software Engineer
If you're investing in 80C instruments like PPF, ELSS, or paying for health insurance, the Old Regime might work better for you. Your tax could be around ₹1.65L. Without many deductions, the New Regime is simpler but higher at around ₹2.40L.
a sales executive
4d
Based on your fixed and variable components, the New Regime is cleaner, but Old Regime offers more savings if you're utilizing tax exemptions like HRA and 80C.
an assistant manager
4d
New Regime: Just pay and sleep. Old Regime: Save and cry over proofs during tax season. Choose wisely
a team lead
4d
Since your basic is 48% of your CTC, you can claim a good amount of HRA if you're paying rent. This will significantly reduce taxable income under the Old Regime.
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