ZoomyPenguin
23moTrending @Capgemini; Tax regime selection for 14 LPA
Hi, I wanted to take community's advice on tax saving suggestions to opt old | new This is what I have:
CTC: 14 LPA ( 14L Fixed in CG)
80C is covered 1.5L. & Staying in rented house with 10k rent. Where can I save?
Plan me with total take home per month & which tax regime to opt for 24-25 FY
23mo ago
ZippyBanana
22mo
With 14 L Package with new tax regime you will be paying 135k tax. And with the current deduction you will be paying 141k tax under old tax regime. But if you increase your saving portion you will be paying less tax than 135k in old tax regime.
ZoomyPenguin
22mo
@CGConsultant thanks
BouncyKoala
23mo
You can check it in Tax Simulator in HGS after the salary of Apr is credited.
As per your explanation I think the difference will be very small in old vs new regime.
SparklyNugget
22mo
@cgi_404 message me
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