What will be my In-hand or take home after taxes if I get 26 lpa fixed and Pf employer contribution is 2 lakh which makes it 28 Lpa CTC
Which tax regime will be feasible for me?
Myself- 26F

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I’m having 26 as my CTC with 24 fixed and I’m getting 1.7 approx in hand. My deductions are 80C, Nps 50k, HRA, Home loan and food vouchers 26k.
You cannot use 50k HRA as Tax exemption as I’m sure your apartment as you said is in native place which would 40% of basic and your basic would be around 10 lacs. So, calculate HRA, and declare your rent accordingly.

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I advise you to compare both the taxes in your company finance portal.
If you have nothing to invest then go for new regime but it's not recommended as you are 26. Investment in early age will make your life quite easy at later stage.


1. Ask your employer to contribute full 12% of basic to EPF. This will be tax free.
2.Go for VPF or ELSS - 1.5L
3. Your NPS - 50K
4. NPS routed through your employer - 10% of basic ( this is 80(CCD2), tax free over and above 2.0L)
5. You can show HRA @49K per month. You don't need to pay TDS if it's less than 50K.

If you do this then old tax regime will save a lot of money.

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Yes, Until you go beyond the HRA limit, no one is going to bother you.

Extra NPS routed through employer is over and above 2.0L 80c limit.

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Without telling your investments/Home loans/rent paid, these things nobody can tell.

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Can we dm

I’m getting 1.6 in hand with same.

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Yes

Yoe?
Company?
Role?

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No, 😇

Tech stack ?

Business analysis, oracle cloud fusion, retail banking, sailpoint

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Based on this years, New Tax regime, it turns out pretty good as compared to the old one if you have nothing or very little planned, but supposedly you are able to significantly show your declarations in most of the chapters of old tax, excluding 80C, along with your company's HRA, LTA, and other allowances, then definitely old tax regime will be a better choice.

1.4L you will get

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