the Qs
the Qs

I am a software engineer with a CTC of 12 lakh rupees. Should I choose the old tax regime or the new tax regime?

Tax
Tax icon
If your total deduction is below Rupees 1.5 lakh, the new tax regime is always better. If deductions exceed Rupees 3.75 lakh, the old regime is definitely more beneficial. For deductions between Rupees 1.5 lakh and Rupees 3.75 lakh, the optimal regime depends on your income level. For a personalized answer, use my popular old vs. new income tax regime calculator. Input your payslip figures,e expenses, and investments to get auto-calculated deductions and income from all sources. It will show the best regime for maximum tax savings. This tool is free for my tax masterclass attendees.
Rectangle 5937

Get access to Personal Finance Insights you will actually want to read!

Join 12,000+ readers who receive practical and actionable insights decoding Personal Finance right to their mail box to learn all about money!
No Spam. Only Finance
No Spam. Only Finance

Recent Posts

The unknown strategy to save taxes using NPS!

Free health Insurance worth ₹ 5 Lakhs by the government!

PPP

Can I claim HRA tax exemption and deduction on home loan interest as well at the same time?

How to save tax using exemptions and deductions?

the Qs

I am a software engineer with a CTC of 12 lakh rupees. Should I choose the old tax regime or the new tax regime?

If your total deduction is below Rupees 1.5 lakh, the new tax regime is always better. If deductions exceed Rupees 3.75 lakh, the old regime is definitely more beneficial. For deductions between Rupees 1.5 lakh and Rupees 3.75 lakh, the optimal regime depends on your income level. For a personalized answer, use my popular old vs. new income tax regime calculator. Input your payslip figures,e expenses, and investments to get auto-calculated deductions and income from all sources. It will show the best regime for maximum tax savings. This tool is free for my tax masterclass attendees.
Rectangle 5937

Get access to Personal Finance Insights you will actually want to read!

Join 12,000+ readers who receive practical and actionable insights decoding Personal Finance right to their mail box to learn all about money!
No Spam. Only Finance
No Spam. Only Finance

Recent Posts

The unknown strategy to save taxes using NPS!

Free health Insurance worth ₹ 5 Lakhs by the government!

PPP

Can I claim HRA tax exemption and deduction on home loan interest as well at the same time?

How to save tax using exemptions and deductions?

Why join Dime's
Tax Strategy Masterclass?

Comprehensive

Practical

Case Studies

This isn’t a normal masterclass. You will get a comprehensive hands-on experience of various “Tax Strategies” with our proven case-study based approach.

Get access to in-house built powerful Old vs. New Tax regime calculator, tax handouts, and more.

Thousands have benefited you can too!

2000+ People have Already Saved Taxes

Why join Dime's Tax Strategy Masterclass?

Comprehensive

Practical

Case Studies

This isn’t a normal masterclass. You will get a comprehensive hands-on experience of various “Tax Strategies” with our proven case-study based approach.

Get access to in-house built powerful Old vs. New Tax regime calculator, tax handouts, and more.
Thousands have benefited you can too!

2000+ People have already saved Taxes