Which Tax Regime Is Suitable For You?
Published at : February 21, 2023
The government finally amended the Income Tax rates π
Unfortunately for us it’s from the New Tax regime. And to double down, they have made the New Tax regime the default option while paying your tax. π₯²
Does that mean it’s time we migrate to the new regime? π«
Not so fast - it depends on the deductions & exemptions you qualify for under the Old Tax regime. If you earn more than 15 lakhsπ°, you would have to qualify for at least INR 4.25 lakhs of exemptions and deductions to pay the same tax you would under the New Tax regime. π΄
To help answer all your budget queries and more, I am conducting a masterclass on the 19th of February. π©π»π«
Trust me, you do not want to miss it! I’ll be covering the A-Z of
- personal finance planning
- early retirement planning i
- nsurance planning
- tax planning
- stock picking, and more.
I’ll also share some proprietary tools I developed after talking to wealth management experts and financial advisors, like the
- rent vs buy calculator
- index fund selector tool
- FD vs debt fund selector, and more.
To make things sweeter, I have invited Shashank Udupa who will teach you how to do fundamental analysis, stock picking and how to avoid losses in this uncertain market. π
➡️ What are you doing still reading the caption? Click the link in my bio to join now, seats are limited!
#financewithsharan #personalfinance #investingforbeginners #investingtips #stockmarketindia #moneytalks
Unfortunately for us it’s from the New Tax regime. And to double down, they have made the New Tax regime the default option while paying your tax. π₯²
Does that mean it’s time we migrate to the new regime? π«
Not so fast - it depends on the deductions & exemptions you qualify for under the Old Tax regime. If you earn more than 15 lakhsπ°, you would have to qualify for at least INR 4.25 lakhs of exemptions and deductions to pay the same tax you would under the New Tax regime. π΄
To help answer all your budget queries and more, I am conducting a masterclass on the 19th of February. π©π»π«
Trust me, you do not want to miss it! I’ll be covering the A-Z of
- personal finance planning
- early retirement planning i
- nsurance planning
- tax planning
- stock picking, and more.
I’ll also share some proprietary tools I developed after talking to wealth management experts and financial advisors, like the
- rent vs buy calculator
- index fund selector tool
- FD vs debt fund selector, and more.
To make things sweeter, I have invited Shashank Udupa who will teach you how to do fundamental analysis, stock picking and how to avoid losses in this uncertain market. π
➡️ What are you doing still reading the caption? Click the link in my bio to join now, seats are limited!
#financewithsharan #personalfinance #investingforbeginners #investingtips #stockmarketindia #moneytalks

Finance with sharanInvesting for beginnersInvesting tips