Which Tax Regime is Better for Rs 15 Lakh

Apr 11, 2023 Rajeev Kumar

For annual salary Income of Rs 15 lakh, read on to find out which tax regime is better

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The exact answer to this question depends on how much you are investing in tax-saving instruments.

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If your tax-saving investments is above Rs 3.58 lakh, old tax regime will be better for you, according to calculation by Clear.

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If your tax-saving investments are less than Rs 3.58 lakh then New Tax Regime will be better.

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Salaried Employees are required to intimate their employers about the choice of their tax regime this month.

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Which Tax Regime is Better for Rs 15 Lakh

Which Tax Regime is Better for Rs 15 Lakh

For annual salary Income of Rs 15 lakh, read on to find out which tax regime is better

For annual salary Income of Rs 15 lakh, read on to find out which tax regime is better

The exact answer to this question depends on how much you are investing in tax-saving instruments.

The exact answer to this question depends on how much you are investing in tax-saving instruments.

If your tax-saving investments is above Rs 3.58 lakh, old tax regime will be better for you, according to calculation by Clear.

If your tax-saving investments is above Rs 3.58 lakh, old tax regime will be better for you, according to calculation by Clear.

If your tax-saving investments are less than Rs 3.58 lakh then New Tax Regime will be better.

If your tax-saving investments are less than Rs 3.58 lakh then New Tax Regime will be better.

Salaried Employees are required to intimate their employers about the choice of their tax regime this month.

Salaried Employees are required to intimate their employers about the choice of their tax regime this month.

To make the best decision, you should also use the Income Tax calculator in the below link.

To make the best decision, you should also use the Income Tax calculator in the below link.