Which one should a salaried employ opt for ? New or Old tax regime
New or Old tax regime : Which one should a salaried employ opt for ?
Please finance experts elaborate the thing if possible.thanks
@bobby4080 abhishek012
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https://www.desidime.com/discussions/which-one-should-a-salaried-employ-opt-for-new-or-old-tax-regime?page=1#post_9226108
If you have home loan and similar exemption then old tax regime is good
Compare both and check
https://www.desidime.com/discussions/which-one-should-a-salaried-employ-opt-for-new-or-old-tax-regime?page=1#post_9226310
It's not a straightforward answer.
It depends on how much you earn, what exceptions are you eligible for.
In a broader term if you make 10L/annum and you can do exceptions of over 3L then old is better.
https://www.desidime.com/discussions/which-one-should-a-salaried-employ-opt-for-new-or-old-tax-regime?page=1#post_9226825
https://www.desidime.com/discussions/which-one-should-a-salaried-employ-opt-for-new-or-old-tax-regime?page=1#post_9228625
old only if you have a home loan or intend to take a home loan within next 2 years.
new in all other cases
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Old Tax if if you have deductuctions amount of 3.75L otherwise new tax regime.
New Tax regime for annual salary of 7.5L and below.