economictimes.indiatimes.com
Negativeeconomictimes.indiatimes.com ·
zero tax on rs 15 lakh ctc heres how these allowances and perks can cut your tax under new tax regime
TAX_FNCACT_EMPLOYERWB_2690_CATEGORIES_OF_EMPLOYMENTWB_2670_JOBSWB_2689_JOBS_DIAGNOSTICS
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AI insight
AI-generatedThe article discusses tax-saving strategies under India's new tax regime, affecting salaried individuals' disposable income. No direct commercial mechanism for any sector or commodity is identified; the impact is on personal tax liability, not corporate margins or supply chains.
Signals our AI researcher identified
Extracted by our AI model from this article and related public sources — not direct quotes from the publisher.
- New Income Tax Rules 2026 allow zero tax on Rs 15 lakh CTC via allowances and perks.
- Tax-free cap on meal vouchers increased from Rs 50 to Rs 200 per meal.
- Illustrative comparison shows taxable income drop from Rs 1,362,000 to Rs 750,400.
- Taxpayers filing ITR by July 31, 2027 can benefit.
- Reimbursements include meal coupons, telephone/internet, car maintenance for official use.