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Showing posts with the label Salaried Tax Guide

Old vs New Tax Regime 2026 – Salary ₹12 Lakh Case Study (Full Calculation with Illustration – India)

Old vs New Tax Regime 2026 – Salary ₹12 Lakh Case Study (Full Calculation with Illustration) Old vs New Tax Regime 2026 mein confusion ab bhi bahut hai, khas kar salary ₹12 lakh wale taxpayers mein। HRA, Home Loan Interest, 80C aur 80D jaise deductions ke saath kaunsa regime better hai? Is detailed case study mein hum ₹12 lakh salary ke saath pura calculation kar ke bata rahe hain। ๐Ÿ“„ ₹399 – ITR Filing (Salaried) Old vs New Tax Regime 2026 – Quick Overview New Regime default hai aur isme slabs lower hain lekin zyadatar deductions nahi milte। Old Regime mein deductions (80C, 80D, HRA, Home Loan Interest etc.) milte hain lekin slabs thode higher hain। ₹12 Lakh Salary Case Study – Full Calculation Assumptions: Basic Salary ₹8,00,000, HRA ₹2,00,000, Medical Insurance ₹25,000, Home Loan Interest ₹2,00,000, 80C Investment ₹1,50,000 Old Regime Calculation Gross Salary: ₹12,00,000 HRA Exemption: ₹1,56,000 (approx) Standard Deduction: ₹75,000 80C Deduction: ₹1,50,000 Ho...