Hi guys. Quite tensed regarding the tax that I would need to pay for my salary. So I have posted my offered compensation by IBM .
So my taxable income is: 16,50,000(Income) - Standard Deduction(50,000) - 80C Deductions(1,50,000) - Interest on Edu Loan(48,500) - Professional tax(2400)
= 13,99,100.
So anyone who is familiar with this tax deduction, can u plz tell me how much tax I would need to pay per month?
Any valuable input would be of immense help.

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Approximately 14-16k per month

Near 20k per month, may I know your YOE?

There'd be an HRA deduction as well from taxable income depending on how much rent you pay. Assuming you pay 20K/mo as rent your deduction would be close to 1.7L from taxable income. You would pay approximately 15K in tax per month. Would recommend utilizing an NPS contribution of 50K and medical insurance to get additional deductions. You'd be able to save another 2-3K tax per month.

22 without HRA

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