A.Dear Client
As a government employee, You have the option to go either for old tax regime or new tax regime.To decide which regime is best for you, you need to compare your tax liability under both regimes. You can use an online tax calculator to calculate your tax liability under both regimes based on your income and deductions. If you have a lot of tax deductions and exemptions that significantly reduce your tax liability, then the old tax regime may be more beneficial for you. On the other hand, if you do not have many deductions and exemptions, then the new tax regime may be more beneficial for you due to the lower tax rates. Please consult a financial advisor to get expert advice over this matter.
As a government employee, You have the option to go either for old tax regime or new tax regime.To decide which regime is best for you, you need to compare your tax liability under both regimes. You can use an online tax calculator to calculate your tax liability under both regimes based on your income and deductions. If you have a lot of tax deductions and exemptions that significantly reduce your tax liability, then the old tax regime may be more beneficial for you. On the other hand, if you do not have many deductions and exemptions, then the new tax regime may be more beneficial for you due to the lower tax rates. Please consult a financial advisor to get expert advice over this matter.
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A.Dear Sir,
You may contact any nearest Auditor or Income Tax Practitioner so that you can get concrete legal advise.
You may contact any nearest Auditor or Income Tax Practitioner so that you can get concrete legal advise.
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