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Cognizant
Cognizant
on
SillyWaffle
SillyWaffle
9mo
by
Cognizant

Trending @Cognizant; How much in-hand can I expect at 27 LPA(70k is variable) as per new tax regime.

9mo ago
GigglyWalrus
GigglyWalrus
Cognizant
9mo

After tax deduction it will be around 175k per month. I joined with same fixed pay with yoe 9 years. But since I got manager level the variable is 1.5 lak.

SillyWaffle
SillyWaffle
Cognizant
9mo

Ok. I got SA level as my exp is 8.3

BubblyNugget
BubblyNugget
Cognizant
9mo

Should we choose old tax regime or new tax regime

SillyWaffle
SillyWaffle
Cognizant
9mo

Its upto you. I chose new regime as it increases the in hand salary a little bit as compared to old regime and I have a CA so he will file ITR for me so there he shows the investments and try to make some benefit there also for me and try to take ITR refund also.

BubblyNugget
BubblyNugget
Cognizant
9mo

If I choose old then ca can get me refund for that also when I will file ITR, I m not sure. Can I switch back to new in this year

SquishyWaffle
SquishyWaffle
Cognizant
9mo

It would be 165000 with a new tax regime

SillyWaffle
SillyWaffle
Cognizant
9mo

I don't think it will be less than 1.7L

As in new regime, deductions are less.

SqueakyJellybean
SqueakyJellybean
Cognizant
9mo

I have fixed 29.5 lpa, getting 1.92 lpa monthly

PerkyCoconut
PerkyCoconut
Cognizant
9mo

What would be in salary for 18.93lpa includes (70k variable + 23k insurance )

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