Income tax calculation under new income tax regime: How to pay zero tax with CTC of around Rs 17 lakh by restructuring salary – The Times of India
Various allowances within the new income tax regime can assist in reducing the taxable income to the Rs 12 lakh limit. Latest income tax calculation post Budget 2025: Starting April 1, 2025, individuals earning up to Rs 12 lakh in taxable income under the new income tax regime will not need to pay any tax….