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Infosys
Infosys
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QuirkyBoba
QuirkyBoba
12mo
by
Infosys

Trending @Infosys; Tax cut under 12lpa

I can see tax cut of 5k even if salary is 10.5lpa, as per update it should not be but why anyone know about this?

12mo ago
WobblyBurrito
WobblyBurrito
Infosys
12mo

Mine is also same, but I do not see any taxes being deducted

QuirkyBoba
QuirkyBoba
Infosys
12mo

But why

JazzyPancake
JazzyPancake
Infosys
12mo

It's because, infy is not including your previous salary for tax calculation. And your infy salary for 3-4 months is below 7.5L so no tds being deducted. You will need to pay the balance tax when you file ITR.

DerpyWalrus
DerpyWalrus
Infosys
12mo

That's for next FY, and you must opt for new tax regime in Infyme to save taxes.

QuirkyBoba
QuirkyBoba
Infosys
12mo

When should we do that

GigglyNoodle
GigglyNoodle
Infosys
12mo

That is for FY25-26 not for FY24-25

GigglyNoodle
GigglyNoodle
Infosys
12mo

It will be applicable from April ‘25

QuirkyPancake
QuirkyPancake
Infosys
12mo

🤣

ZestyDonut
ZestyDonut
Infosys
12mo

That's for upcoming financial year

QuirkyBoba
QuirkyBoba
Infosys
12mo

What about health insurance i am not able to see any cuting for depedent ehib

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