Old vs new tax regime: Which one should YOU choose? | Old vs new tax regime 2023

Beautiful presentation

Why video in hindi? Grow users are not only hindi knowing persons.. It is used across PAN India

my package is Under 7 lakh but at time ITR filling it asking me to pay amount 18130 rupy?what is this?

Can the regimes be switched in the mid-year or any time in the year?

Very informative 😊

Can I pay tax with new tax regime this year and then switch to old later?

Wrong info

25000 ka deduction kaisa le

Highly informative video...thanks a lot!

new tax me 80C diduction kaha milata hai . confusion hai .plz explain .

I am a super senior citizen having net taxable income including other income exceeds Rs 5lacs for fy 22-23 as pension. I have to pay addl amount of Rs Rs12500 from 2.5 to 5lacs.? Or have to pay tax only for the amount exceeding Rs5 lacs ? There are different version pl clarify namaste

Ye sab milke khali confuse hi kr rahe hai. Abhi FY 2022-2023 ka ITR file kia, 7.01 lpa pe 34.5k tax pay kia hai.

Well explained

Yadi mere office ne new tax regime choose kiya hai aur mai usko change krna chahta hun to kya change karke old tax regime kar sakta hun aur kaise, please tell

My salary is 10.25 Lacs/annum ... Which one I have to choose??
Old or new Regime?

what about those who are under NPS?

maine iss saal FY 2022-23 ke liye e-filing karte time old regime select kar liya lekin ab main new regime main bharna chahta hu. par ab new regime select nhi hora hai e filing main. koi solution bataye.

Informative.👍

You should consider this case for senior citizens and very senior ctzns

Thanks, sir you are very clear is all aspects and made me understand clearly which one to choose, many thanks

Bahut hi achhe se samjhaya hai apne sir ji thanks a lot

Hi say My salary is 12 lpa and I have investment+ rent = 1 lakh 40 thousand. Then which tax regime is beneficial.......Please reply

What about 80G, 80GG, 80DD, 80U and other deduction in new tax regime ?

Which tax regime will be better if your only source of income is capital gains from investments? Also if your only source of income is capital gains from investments managed by you and you have no salary of business income, then can you switch back and forth between old and new regimes?

Is salary employee can file ITR under new tax regime?

What about more than 31 Lakhs income?
Old or new which one to choose?

Thank you

Old is Gold

O se 3 lakh ke between standard tax kyu lgrha h

as per my understanding if your income is more than 15 L per year and your extra deductions (over above Standard Deduction) is 4L or more then Old Tax Regime is beneficial. But if your extra deductions is less than 4L then New Regime is beneficial. Please correct me if my understanding is incorrect.

Rent benefit new tax regime mai hai ya nahi aur uska calculation same hai kya?

My taxable income is 7.4 lakh after standard deduction, but I have availed home loan. What are the exemptions to avoide the tax?

There's very unusual Assumption here.. that we don't have any other income other than Salary income which is NOT the case mostly. We do have other incomes like Savings & FD interest, Dividend income, Capital Gains, House Rent income, or any other income.

In that case this whole video and explanation goes haywire as the Basic Assumption is Changed.

We can give rent to father during work from home so old is better.

Hi, thank you for the information.
Please suggest, Can I avail room rent and home loan (on under construction home) at a time on old taxation?

My salary is slightly below 5 LPA and our company has asked us to select tax regime. Why ? And which one shall I choose ?

Mine is 6lpa so no tax deduction right? Your response will be highly appreciated

Thanks for the informative video. You didn't consider the case where Gross salary is above 16 L.

Is Sodexo meal card monthly amount still tax exempted in New Regime (after budget) for FY 2023-24?
If not can I get rid of it & take it directly in salary?

Sir govt has also introduced marginal relief in new tax regime you should also inform this to the taxpayer..... give proper information

On your website it shows tax on 725000?

Thanks for this informative video..! Just wanted to clarify if the NPS deduction can be claimed under New Regime even if it’s paid by self and not through employer contribution.

Rent k liye only Rs 60000/- allow karta hai

If a person opts for New Regime then can he switch to Old Regime in next FY ? or vice versa ? Is there a option to switch regime in next FY (both ways) ?

Tax on basis pay or ctc

Mine is 7LPA with only HRA declared of 10k/month. Which regime is better?

Why doesn't the government just have One Tax Regime 😢
Itna complicate kyu kar Rahi hai government

Too late

Hi,for business owners,drawing a salary,how do we compute ?

Hello sir please tell about tax limit for senior citizens and super senior citizens