SnoozyBurrito
SnoozyBurrito

Any tips on tax savings under the New Regime??

22mo ago
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ZestyPotato
ZestyPotato

Switch to old tax regime 😆

SillyDonut
SillyDonut
TCS22mo

Earn more...

PerkyNoodle
PerkyNoodle
Gojek22mo

I think you can save only using NPS for New Regime.
On Old regime you can use NPS, home loan, HRA and 80C to reduce tax. New Regime is suitable for people who earn 80lpa and above.

PerkyJellybean
PerkyJellybean

I would love to understand this in a little detail please. How is new tax regime beneficial for 80lpa+?

PerkyDumpling
PerkyDumpling

Be poor

SillyMochi
SillyMochi

Not much. Start drug dealing

SwirlyTaco
SwirlyTaco
PayTM22mo

Don't earn much

FloatingBanana
FloatingBanana

You can contribute towards NPS but from an employer standpoint…it doesn’t get added to your overall income. It is under section 80 CCD2.

SleepyPickle
SleepyPickle

Pakora stand

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