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?
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.
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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.
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
Retirement planning feels like a puzzle? Confused where to invest and how to save taxes? We’ve found a loophole to help you do exactly that!
An explainer on how senior citizens can benefit from ₹5 lakh in health coverage, all at no cost, through the Ayushman Bharat Vaya Vandana card along with its key features,…
The USA is more expensive than you think! Infact, ₹84 Lakhs in USA = ₹23 Lakhs in India. Go check this out to understand how!
Yes, Reshma, you can claim both HRA and home loan interest deductions under specific conditions: If you have a house loan and live in a rented home in a different…
Do you like paying taxes? Nobody does! Though you can't stop paying tax, this guide will definitely help you save more and pay lesser tax.
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
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