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theresa jeevan

Your Curly Haird mal...ย โ€ขย 11m

Deadpoolโ€™s Tax Tipsโ€”Letโ€™s Make It Simple! ๐Ÿ’ธ Salary below โ‚น12.75L? Go with the new tax regimeโ€”less pain, less paperwork. Easy peasy. ๐Ÿฅณ ๐Ÿ’ฐ Salary above โ‚น12L? If your exemptions (HRA, 80C, 80D, home loan, etc.) are more than โ‚น5L, old tax regime coul

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Havish Gupta

Figuring Outย โ€ขย 11m

So the new regime doesn't have all the deductions?

theresa jeevan

Your Curly Haird mal...ย โ€ขย 11m

No the new Regime doesnโ€™t let you claim any of these deductions. The only ones allowed under new are NPS and house property loan interest only if the house is let out.

Havish Gupta

Figuring Outย โ€ขย 11m

That's why the tax rates are so less

theresa jeevan

Your Curly Haird mal...ย โ€ขย 11m

Yeah, but these lower tax rates are beneficial only for the lower income group

Havish Gupta

Figuring Outย โ€ขย 11m

yeah, but considering almost 95% of india makes less than 12lpa, it's still a great news

theresa jeevan

Your Curly Haird mal...ย โ€ขย 11m

That is true :)

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