for salary person in new regime what he or she can invest for paid less tax
Ans: In the new tax regime, there are no exemptions or deductions available like under the old regime. However, you can still:
Contribute to NPS (National Pension System): You can claim an additional deduction of Rs 50,000 under Section 80CCD(1B).
Opt for Voluntary Provident Fund (VPF): Contributions to VPF can grow tax-free up to a certain limit.
Employer's Contribution to NPS: Ensure your employer contributes to your NPS. Up to 10% of your salary (basic + DA) is tax-exempt.
These options can help you reduce taxable income while investing for the future.
Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in