For people having CTC 20lpa+, which tax regime should be opted?

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Old undoubtedly

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Old

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Old ,

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Old

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Even if HRA exemption claims are not available?

Yes, you can pay rent to your parents. If it exceeds 1 lakh per annum, give the pan details of your parent and make sure your parent files ITR and shows your rent as his rental income. Also, your parent should own the house and you shouldn't be the co-owner of the house.

Can anyone answer the same question for base salary of 50 LPA
Which tax regime should be opted and why?

Generally old is only preferred.. but if this much amount of money is involved then for saving some in 50k tax shouldn't better. Better pay the tax and invest remaining according to your will. Because old regime makes you invest according to government

Can anyone answer the same question for base salary of 50 LPA
Which tax regime should be opted and why?

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Below is the fixed CTC and Fill the in-hand post tax:-

1. 8LPA: _______
2. 10LPA: _______
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