TL-PLAN
Tax Planner
Old or new regime, worked out on your numbers, with every deduction that still has room.
You need: Salary and investments
Sample: ₹15,00,000 CTC in Delhi: basic ₹7,50,000, HRA ₹2,50,000, special ₹4,00,000, rent ₹25,000 a month. Switch to “Use my own numbers” to run it on yours.
FY 2025-26
₹83,460 less tax a year
Same CTC. You pay ₹83,460 today on the new regime; done our way it’s ₹0.
CTC
₹15,00,000
In hand a month
₹1,03,045
Better regime
New, by ₹29,380
What to change, biggest first
1.Employer NPS at 14% of basic
saves ₹52,260
Ask HR to pay ₹1,05,000 a year of your special allowance into NPS. It's deductible in the new regime too. Same CTC, lower tax.
Keep in mind: Money is locked in NPS until 60 (part of it can be withdrawn earlier for set reasons).
Ask HRBoth regimesSec 80CCD(2): employer NPS up to 14% of basic + DA in the new regime, 10% in the old
2.Meal vouchers
saves ₹4,118
Up to ₹26,400 a year through meal cards (₹50 a meal) is tax-free. Ask if your company offers Zeta, Pluxee or similar.
Ask HRBoth regimesRule 3(7)(iii): free food or meal vouchers up to ₹50 a meal
3.Phone and internet reimbursement
saves ₹3,744
Get your mobile and broadband bills reimbursed instead of a taxable allowance (₹2,000 a month assumed). Keep the bills.
Ask HRBoth regimesRule 3(7)(ix): telephone and internet used by the employee, paid by the employer
New regime
Better for you₹83,460
- Salary
- ₹14,10,000
- Less: Standard deduction
- - ₹75,000
- Taxable income
- ₹13,35,000
- Tax with 4% cess
- ₹83,460
Old regime
₹1,12,840
- Salary
- ₹14,10,000
- Less: HRA exemption
- - ₹2,25,000
- Less: Standard deduction
- - ₹50,000
- Less: 80C (PF, VPF, ELSS, PPF, insurance, principal)
- - ₹1,40,000
- Less: 80D health insurance
- - ₹15,000
- Taxable income
- ₹9,80,000
- Tax with 4% cess
- ₹1,12,840
Is your employer deducting the right tax?
At this pace about ₹20,540 too much will be deducted. Submit your declarations to HR, or claim it back as a refund.
Your salary, line by line
| Line | A year | New regime | Old regime |
|---|---|---|---|
| Basic | ₹7,50,000 | Taxable | Taxable |
| HRA | ₹2,50,000 | Taxable | Partly tax-free with rent |
| Special allowance | ₹4,00,000 | Taxable | Taxable |
| LTA | ₹10,000 | Taxable | Tax-free with travel tickets |
| Employer PF | ₹90,000 | Not taxed (within ₹7.5 lakh cap) | Not taxed (within ₹7.5 lakh cap) |
Your company’s salary policy
Your structure has: HRA, LTA. Not on your slip: Meal vouchers, Phone reimbursement, Employer NPS, Car lease, Flexible benefits. Ask HR whether these are on offer.
How this is worked out
- Income-tax Act, 1961 (Finance Act 2025).
- Phone reimbursement assumed at ₹2,000 a month against bills.
- Meal vouchers assumed for 2 meals a day, 22 working days a month.
- Restructuring keeps your CTC the same: money moves out of special allowance or unallocated flexi pay.
- A Savvy can check it and talk to your HR with you.