How to Save Tax on Salary Above ₹30 Lakhs
If your salary exceeds ₹30 lakhs annually, you can reduce your tax liability significantly by choosing the right tax regime and leveraging available deductions or exemptions. Here’s a quick overview: Quick Comparison Table Aspect Old Tax Regime New Tax Regime Basic Exemption ₹2.5 lakh ₹12.75 lakh (with standard deduction) Standard Deduction ₹50,000 ₹75,000 Tax on …