Trending @Capgemini; Tax

You’ll probably not have to pay any tax if you opt for the new regime - which is actually the default one chosen from this assessment year.
Since your income will definitely be more than 3 lakh, annually - which is the maximum exemption limit for new tax regime, you are required to file your income tax return before EOD. Else, if you file later, you might have to shell out around 5k+

Tax is dependent on net taxable income not on the package.

It will get deducted in your salary automatically. You can get some amount back by filing your ITR