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if an employee earns less than 4.5 LPA, will his salary be TDS deducted under the new tax regime?
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
Since no tax is payable in this case, opting for the old regime keeps options open for future selections.
Key Takeaways 1. *Compare both regimes*: Evaluate the old and new tax regimes to determine which is more beneficial.
2. *Opt for the old regime*: Choosing the old regime keeps options open for future selections.
3. *No tax payable*: In this specific case, no tax is payable, making the old regime a viable option. Additional Guidance For further calculations or clarifications, feel free to ask!
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