Tax planning
Old vs new regime for salaried employees: tell the employer, choose in the ITR, Sec 202 (old Sec 115BAC)
- Every year you can choose the new regime (lower rates, few deductions) or the old regime (higher rates, HRA, 80C and others).
- Deadline: Tell the employer at the start of the tax year (for TDS); final choice in the return filed by the due date under Sec 263(1) (Sec 139(1) for FY 2025-26)
- Done in Same day after salary and deduction details
- Prepared by your Savvy, checked by a CA
- Salary break-up or CTC
- Any business or freelance income?
- Compute tax under both regimes for the year
- Two-regime comparison note
Old vs new regime for salaried…
Tell the employer at the start…
- IWhat we need from you7 documents
- DQuestions for you5 questions
- FForms5 steps
- DWhat you getTwo-regime comparison note
Answer in brief
Every year you can choose the new regime (lower rates, few deductions) or the old regime (higher rates, HRA, 80C and others). We compute your tax both ways, tell you what to tell HR for TDS, and file your return under the cheaper one.
Every paid answer is checked by a CA. Free AI answers are labelled until a CA verifies them.
From the official sources
What the law says, and what trips people up
From the official portal's manuals and FAQs, with the source for each point.
A Savvy walks you through the law and the portal for your exact case.
IDFD
How we solve it: 4 steps
Every line tracked live.
Step 1 of 4 · What we need from you
Tap each one you already have
- Salary break-up or CTC
- Rent paid and cityOptional
- Home loan interest certificateOptional
- 80C, 80D and other investmentsOptional
- Employer NPS contributionOptional
- Other income and capital gains
- Any business or professional income
Connect now
A Savvy replies in minutes.
Fixed price before you pay. Your Savvy is paid only after you accept the work.
Answers on this topic
- Old vs New Tax Regime: SelectionThe single biggest tax decision every year. Wrong selection costs ₹20,000-80,000 annually for most salaried individuals.
- Old vs New Tax Regime: Which Is Better For You?The most important annual tax decision for every salaried employee. New regime: lower rates, no deductions. Old regime: higher rates, many deductions. The winner depen…
- Section 124 (old 80CCD(2)): Employer NPS Contribution (Both Regimes)The only deduction available in BOTH old and new tax regime. Employer contributes to your NPS on your behalf. You pay zero, and get a ₹45,000–₹1.05L annual deduction.…
- Freelancer ITR: ITR-3 vs ITR-4, and Section 58 (old 44ADA)Freelancers and independent professionals have two ITR routes. ITR-4 with Section 58, Income-tax Act 2025 (old Sec 44ADA; presumptive): declare 50% of gross receipts a…
- NPS Tier 1: 80CCD(1B) ₹50K Extra + Sec 124 (old 80CCD(2)) EmployerNPS gives you TWO deductions unavailable from any other source: ₹50K extra over the Sec 123, Income-tax Act 2025 (old Sec 80C) limit via 80CCD(1B), and employer contri…
Pay and start
₹999
₹999 + ₹179.82 GST = ₹1,178.82
Yearly. Same day after salary and deduction details. Due: Tell the employer at the start of the tax year (for TDS); final choice in the return filed by the due date under Sec 263(1) (Sec 139(1) for FY 2025-26)
- Every paid answer checked by a CA
- Fixed price before you pay
- Track every step live
- Updates on WhatsApp and in your dashboard