On Salary Income

One of the most frequently asked questions among employees is: “If my CTC is ₹13 lakh, how much income tax do I have to pay under the New Tax Regime?” The answer depends on the salary structure, taxable income, and available deductions. Several components included in CTC do not form part of the employee’s immediate […]

One of the most common questions among salaried employees is: “How much income tax will I pay if my CTC is ₹9 lakh?” Many people assume that a ₹9 lakh salary package automatically results in a substantial tax liability. However, under the New Tax Regime applicable for FY 2025-26 (AY 2026-27), the actual tax payable