PerkyTaco
PerkyTaco
10mo

Tax regime selection guidance

I have 1.36 lakhs salary per month. Which tax regime should I select? Please guide.

10mo ago
QuirkyPretzel
QuirkyPretzel

Use a tax calculator.

As it depends upon the savings instrument you use, your salary structure and many other factors.

CosmicLlama
CosmicLlama

Tax regime selection is by far the most simplest one.
If net taxable income is below 15LPA - new regime If salary is above 15, and you can save on all allowable deductions ,then old regime.

GigglyUnicorn
GigglyUnicorn

How’s your savings schedule?

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