Salaried people can choose between the old regime (with deductions such as HRA, 80C and home loan interest) and the new regime (lower rates, standard deduction, few other deductions). Which one saves more depends on how many deductions you can claim.
Compare both on the old vs new tax regime calculator and confirm with your CA.
Try it
Old vs new tax regime calculator
Free tool, works in your browser →
Income tax calculator
Free tool, works in your browser →
Is this you? Start on the job seeker path
Real steps for where you are today, with one free Google sign-in. See the path
Related terms
In-hand salary
In-hand salary (take-home pay) is the amount credited to your bank account each month after deductions such as your prov...
TDS (tax deducted at source)
TDS, or tax deducted at source, is income tax that the payer deducts from a payment and deposits with the government aga...
CTC (cost to company)
CTC, or cost to company, is the total yearly amount an employer spends on you: your gross salary plus the employer's sha...