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Software Engineers
Software Engineers
on
CosmicPotato
CosmicPotato
19mo
by
Stealth

⭐Revised Slabs as per New Regime

0-3 Lacs - Nil 3-7 Lacs - 5% 7-10 Lacs - 10% 10-12 Lacs - 15% 12-15 Lacs - 20% Above 15 Lacs - 30%

Standard Deduction increased to 75k in new regime only.

19mo ago
WigglyMuffin
WigglyMuffin
Stealth
19mo

Kya ghatiya system hai yar. Old regime m Wahi same ghita pita deductions.

CosmicPotato
CosmicPotato
Stealth
19mo

Yea they don't want anyone to claim deductions/fake deductions.

WigglyMuffin
WigglyMuffin
Stealth
19mo

We will do it anyway. There are some tricks.

FloatingRaccoon
FloatingRaccoon
TCS
19mo

3-7 lac no tax right?

CosmicPotato
CosmicPotato
Stealth
19mo

Yea

SillyNugget
SillyNugget
Infosys
19mo

But its saying 5 % for 3-7 lpa slab then how is it no tax?

WigglyMochi
WigglyMochi
Oracle
19mo

CA sir, Guide the internet if this is good or bad. As far as I can understand 25K deduction increased and 17.5K saved in taxes but still which one is better? Old or new? Kinda confused.

CosmicPotato
CosmicPotato
Stealth
19mo

Definitely New tax regime is not beneficial for salaried with higher slabs.

CosmicPotato
CosmicPotato
Stealth
19mo

@Bharatiya Kya guide kare sahab. Saral bhasha m kahe to, ye Mila h sabko

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