Sir,
for salary individuals gross salary 825000/- , which regime is best whether old or new?
7 Replies
Vinay Govi
(25 Points)
Replied 18 April 2020
Give the discripttion of entire salary amount like basic, DA, HRA
V. NAVEEN KUMAR SICASA
(192 Points)
Replied 18 April 2020
If the employee is utilising the benefits of deduction then old regime is better than new
CA ARPIT BANGA
(job )
(376 Points)
Replied 18 April 2020
If u r eligible for variable components and HRA then old one is beneficial for u
Shivam RC
(Student)
(23683 Points)
Replied 18 April 2020
I agree with CA Arpit Sir...
If you are claiming various Allowances like HRA, etc and invests in various tax saving instruments like PPF, Mutual Funds, ELSS ( i.e. 80C ), then the OLD TAX REGIME would be beneficial for you.
If you are claiming various Allowances like HRA, etc and invests in various tax saving instruments like PPF, Mutual Funds, ELSS ( i.e. 80C ), then the OLD TAX REGIME would be beneficial for you.
Ajay Kumar Maggidi
(Manager - Finance & Accounts)
(2073 Points)
Replied 18 April 2020
Hi Muralidoss,
If total of yours tax exemptions and deductions more than Rs. 1, 43, 750/-. then go for old regime. otherwise go for new regime.
Hope it helpful. thank you.
debora M
(BUSINESS DEVELOPMENT MANAGER)
(1697 Points)
Replied 21 April 2020
old tax regime is beneficial
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