Switching Jobs? Five Tax-Related Things To Check Before Accepting A Higher Salary

Before saying yes to a CTC, it is crucial to understand the numbers on your CTC table. From salary structure to tax regime and deductions, you must tick all the boxes.

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Read Time: 2 mins
The new tax regime is the default setting. Eligible taxpayers can also opt for the old regime.
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Summary is AI-generated, newsroom-reviewed
  • Check revised CTC on a post-tax basis to estimate monthly in-hand salary after tax deductions
  • Choose between the new and old tax regimes based on potential deductions and exemptions available
  • Review salary breakup including basic, HRA, allowances, employer PF, gratuity, and bonus components
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