TCS
TCS
on
SnoozyBurrito
SnoozyBurrito
20mo
by

BoB, TCS, Tax deductions, Benefits

I'm new to TCS, and my current package is 10LPA. My BoB was set by default, and I'd like to change to one with fewer tax deductions. Currently, my deductions are around 10K per month(includes pf and taxes) .

Could someone please advise me on how to lower my tax deductions based on their knowledge of BoB define from our end?

#Tags Tax regime, BoB, old, new, salary,

BoB, TCS, Tax deductions, Benefits

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20mo ago
SnoozyPenguin
SnoozyPenguin

How much experience do you have

SnoozyPenguin
SnoozyPenguin

And what's your technology

SnoozyBurrito
SnoozyBurrito
20mo

5years in VMWare and Azure

SquishyDumpling
SquishyDumpling
20mo

You can modify the Food card and Telecommunications Card allowances. Food card can be maximum upto 3000 and Telecommunications Card can be 2000. This way you'll reduce 60K annually if you go with the old tax regime.

GroovyDumpling
GroovyDumpling
20mo

Food amount will be credited to the food card but where we can claim telecommunication card

SquishyDumpling
SquishyDumpling
20mo

There is a telecommunication card too. You make use of it for bill payments

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