Old vs new tax regime

What would be the good tax regime for me. My ctc is 23.5 lacs. My 80c is full filed like 1.5 lacs and nps is 24000 annually.no home loan.. should i select old or new tax regime?

18mo ago

DancingBiscuit

TCS

18mo

Stick with the old tax regime. Your 80C and NPS investments make it more beneficial. The new regime is simpler but not worth it for you.

SwirlyNoodle

TCS

18mo

You can still contribute to your 80C and NPS ( but not for tax benefit)

BouncyMochi

TCS

18mo

Any more suggestions pls?

SwirlyHamster

TCS

18mo

New regime is beneficial if one doesn’t have home loan

SquishyDumpling

TCS

18mo

For your CTC, new regime is beneficial to reduce the tax even though there is no excemption and you have all the deductions in place.

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