As a Fresher in the 30 % tax bracket should I choose old regime or new regime ?
If you have deductions beside 80C (like education loan etc.) old regime might make sense. If it is only 80C, you might be better of with new regime.
Anyways what you declare to your company is not binding. You can always switch at the time of filing ITR to whichever benefits you the most.
You can enter the numbers on Cleartax and it will tell you exactly which one might be better for you.
If you have these commonly occurring deductions, then go for old regime:
Hey, I'm a fresh college passout working for a startup and I gotta do taxes now(how fun). The organization is making me choose between the old tax regime(2022) and the new tax regime(2023).
My in hand is 9LPA.
Which tax regime shoul...
I'm working in infy with a salary of 13.6 LPA and no investments.
Which tax regime is better
For a salaried employee ranging from 10 lpa to 17 lpa, which tax regime would you suggest for? Old vs. New?
