DancingBiscuit
DancingBiscuit
22mo
by

Which tax regime is better for 12.25LPA

Which tax regime is better old one or new one for 12.25 LPA. I am paying 20k for insurance that’s it I don’t have house loan, rent bills etc

22mo ago
ZestyPenguin
ZestyPenguin

Unless you have exemptions with 3 lakh is better to go with new regime

JumpyDonut
JumpyDonut
22mo

Most companies have tax calculators for deciding this . Given that you are in EY surprised a bit.
You can search on google for old vs new tax regime comparison and you have the answer.

Also you can probably use HRA .

Discover more
Curated from across