Tuesday, May 12, 2026

Zero tax on Rs 15 lakh CTC? Here’s how these allowances and perks can cut your tax under new tax regime

Salaried individuals can significantly reduce their tax liability under the new tax regime by strategically utilizing allowances and perquisites. The new rules for Tax Year 2026-27 allow for tax-free benefits on items like meal coupons and gadget reimbursements, potentially bringing a Rs 15 lakh CTC to zero tax.

from Tax-Wealth-Economic Times https://ift.tt/ZAskjzc

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