Hi fishes

My package is 25.5 LPA fixed. Can someone suggest which tax regime would be better for me. As of now I do not have a home loan to claim tax benefit.
Also what could be the in hand salary in my case.
PF deduction : 153000

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Taking 25.5 as example -
80c 150000
NPS 50000
HRA 100000
Standard deduction 52400
Insurance 50000
Sodexo coupon and LTA 50000

Around 4.5 lakhs as deduction...

Tax on net salary 21 lakhs -
First 5l - 12500
Next 5l - 100000
Next 11 lakhs - 330000
Total - 442500
Add 4% cess - 18000 around

Final tax - 460000
Monthly tax - 38000 around

So deduct 38000 from your monthly fixed 😅

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Please share bit more bonus and everything...

Check my next comment for old regime tax computations - new tax regime is easy peasy but you will pay more taxes for sure.

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