What you claimed
Claimed
₹4.67L
- HRA₹2.40L
- §80C₹1.50L
- Std ded₹50k
- §80D₹25k
+₹50k §80CCD(1B) unused. NPS would shave ₹15k more.
Regime · New wins
Old regime
₹98,000 · 11.7%
New regime ✓
₹84,000 · 10.0%
Std deduction ₹75,000 · skips §80C / §80D / HRA. Saves ₹14k this AY.
Your tax journey
Income up 96% over 5 AYs · tax up 115% · effective rate steady at ~14% thanks to growing §80C + §80D claims.
Quick Check · 15 Q
8 / 15
-
Salaried employee?
Yes -
Home-loan interest?
No -
Health insurance §80D?
₹25k -
?
Capital gains this AY?
Answer → -
7
+ 7 questions remaining
→
Deductions waterfall
- Gross salary₹19,60,000
- − HRA exemption−₹2,40,000
- − Standard ded−₹50,000
- Net taxable₹16,67,500
- − §80C−₹1,50,000
- − §80D−₹25,000
- − §80CCD(1B) (NPS)−₹0 of ₹50k
- Tax liability₹2,83,660
- − TDS deposited−₹3,01,660
- Refund due+ ₹18,000
Plan better
For AY 2027-28
3 moves to lower next year's tax
-
Start NPS in April
save ~₹15k
₹50k under §80CCD(1B) · doesn't double-count with §80C.
-
Stay on new regime
save ~₹14k
Standard deduction ₹75k beats old until §80C + HRA + §80D crosses ~₹3.5L.
-
Time your bonus
soften slab jump
If AY 27-28 income crosses ₹15L, marginal slab rises 20% → 30%.
Pick your path