- Gross salary
- ₹35,00,000
- Tax, new regime
- ₹6,31,800
- Tax, old regime (₹2 lakh deductions)
- ₹8,19,000
- Better choice
- New regime
- Monthly tax (new regime)
- ₹52,650
How it is worked out
New regime: ₹35 lakh minus the ₹75,000 standard deduction gives taxable income of ₹34,25,000. Slab tax is ₹6,07,500, and 4% cess adds ₹24,300.