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Income tax calculation under new income tax regime: How to pay zero tax with CTC of around Rs 17 lakh by restructuring salary

IndiaTimes Tuesday, 25 February 2025
Latest income tax calculation post Budget 2025: Starting April 1, 2025, individuals earning up to Rs 12 lakh under the new income tax regime. However, those who earn above that level have salary restructuring options including conveyance reimbursement, transport allowances, phone bill reimbursements, and car leasing perks to reduce tax outgo.
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