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Should I choose old or new tax regime? Asking as someone earning 45 LPA

Vipul Bhavsar |88 Answers |Ask -Follow

Tax Expert - Answered on Apr 04, 2025

Vipul Bhavsar is a chartered accountant from The Institute of Chartered Accountants of India. He has over 16 years of experience in corporate advisory, taxation and financial reporting.
His interest areas are consulting, income tax, GST and due diligence.
He founded his CA firm, V J Bhavsar and Associates, in 2010 through which he offers services like virtual CFO, trademark registrations, company /LLP formation, MIS reporting, audit, tax and TDS compliances, accounts receivable/payable management and payroll processing.... more

Question by Vijaya on Feb 04, 2025Hindi

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My CTC is 45 LPA, which one is best old or new regime? Kindly help me with some insights

Ans: New regime is beneficial. Ask employer to start Corporate NPS. This is the only way you can reduce tax

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

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Helo Sir my CTC is 10 lacs. Which Option of IT i should opt

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CTC is a complicated way of expressing income as it may include certain monetary & non-monetary benefits that may or may not be taxable. Moreso, in many instances the retirals such as PF etc are also included in the CTC.

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I (age 43) did a calcicum score scan 2 years back as part of preventive health check and found that score came back as 40. TMT was normal. Since then i have done life sytle changes - exercise and eating health food ( low carb, less sugar/fried food). My current stats as :: Total Cholestrol 233 ( HDL - 54, LDL - 164, TriG - 79) , BP - 109/74, HbA1c - 5.5 , Hscrp - 2.1mg, Lipo protein A - 35.3 ; Weight - 73kgs ( reduced from 87kgs - Hieght 5.7") . Please let me know if i need do anything more..

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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