What would be in hand under new and old tax regime for below package.

Fixed: 1230000
Variable: 10% above fixed
PF Employer Contribution is above the fixed, that means only employee contri is deducted from fixed. Rate is 12% of basic. Basic is approximately 45% of fixed.

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Posting as :
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90-95k per month, based on your deductions it will vary

I am getting 93K per month and My CTC is 16Lacs. Even after I submitted all of savings like 80C:150K, 24(B) House Loan: 200K, 80D:50K. How will he get 90-95K per month?

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1107000 is net CTC, only pf will deducted from 1107000, that will be inhand salary

Seems high, can you share your calc?

Old regime -
84-85k post taxes. Without any tax-saving investments.
88-89k post taxes, if you consider investing in tax-savings schemes (I have taken 2L)

New regime -
90k

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