if an employee earns less than 4.5 LPA, will his salary be TDS deducted under the new tax regime?
2 Replies
VARTIKA KESHRI
(8 Points)
Replied 09 January 2025
Befoe deciding one should compare with both the regime. In this case its anyways no tax is payable. Employee can opt for Old regime so that doors are open always to sleect the best one.
For further calculation if needed please dm
Rama chary Rachakonda
(Master in Accounts & high court Advocate)
(8403 Points)
Replied 09 January 2025
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