- Gross salary
- ₹30,00,000
- Tax, new regime
- ₹4,75,800
- Tax, old regime (₹2 lakh deductions)
- ₹6,63,000
- Better choice
- New regime
- Monthly tax (new regime)
- ₹39,650
How it is worked out
New regime: ₹30 lakh minus the ₹75,000 standard deduction gives taxable income of ₹29,25,000. Slab tax is ₹4,57,500, and 4% cess adds ₹18,300.