CosmicBanana
CosmicBanana
10mo

Trending @Infosys; Tax detection exemption

How to exempt this standard detection.. please anyone give suggestions, my ctc is 7.5lpa as i am getting very less in my hand.

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10mo ago
QuirkyPenguin
QuirkyPenguin
10mo

This is a standard deduction you can't exempt it unless you switch to the Old Tax Regime where 50k will be deducted instead of 75k. Although you might be liable to pay some income tax - I'm not sure about this, you can use income tax calculators for that.

CosmicBanana
CosmicBanana

Got it, thanks for the reply

CosmicBanana
CosmicBanana

How do i know.. that which tax regime i choosed.. i am new to this tax things

GoofyPretzel
GoofyPretzel

How is this related to your inhand salary?

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