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For Salaried Employees

Pay Less Tax,
Keep More Salary

ITR filing, Form 16 processing, HRA exemption, 80C deductions, old vs new regime advisory — expert CA guidance for every salaried professional.

10,000+
Salaried ITRs Filed
₹28K
Avg Tax Saved/Client
100%
Online Process
Jul 31
Filing Deadline
Form 16 Processing
HRA & LTA Exemption
Old vs New Regime Advisory
Home Loan Tax Benefits
NPS & 80CCD Deductions
Regime Comparison

Old vs New Tax Regime — Which Saves More?

From FY 2023-24, the new regime is the default. Here's a direct comparison to help you choose.

Feature Old Regime New Regime (Default)
Basic Exemption Limit₹2.5 lakh₹3 lakh
Tax-Free (Rebate u/s 87A)Up to ₹5 lakh incomeUp to ₹7 lakh income
Standard Deduction₹50,000₹75,000 (FY 2024-25)
HRA Exemption✅ Available❌ Not available
Section 80C (₹1.5L)✅ Available❌ Not available
Home Loan Interest (24b)✅ Up to ₹2 lakh❌ Not available (let-out only)
NPS Employer (80CCD-2)✅ Available✅ Available
Best ForHigh deductions (HRA + 80C + Home Loan)Low/no deductions, simple filing
Tax Saving Opportunities

Don't Miss These Deductions

💰
Section 80C — ₹1.5 Lakh Limit
PPF, ELSS mutual funds, LIC premium, EPF, NSC, home loan principal, children's tuition fees — any combination up to ₹1.5 lakh.
🏥
Section 80D — Health Insurance
₹25,000 premium for self + family. Additional ₹25,000-50,000 for senior citizen parents. Total deduction up to ₹1 lakh possible.
🏦
Section 80CCD(1B) — NPS Extra ₹50,000
Additional ₹50,000 deduction for voluntary NPS contributions, over and above the ₹1.5 lakh 80C limit. Effective for 30%+ tax bracket.
🎓
Section 80E — Education Loan Interest
100% deduction on interest paid on education loan for higher studies (self, spouse, children) for up to 8 consecutive years. No monetary cap.
🏠
HRA Exemption — Section 10(13A)
If you pay rent and receive HRA from employer, claim exemption. Keep rent receipts > ₹1 lakh/year. Landlord PAN required for annual rent > ₹1 lakh.
🤝
Section 80G — Charitable Donations
Donations to PMCARES, PM Relief Fund, Swachh Bharat, and approved charities qualify for 50%-100% deduction. Keep receipts with charity 80G registration number.
Common Questions

Salaried Tax Filing — FAQs

The answer depends on your total deductions. Generally, if your combined deductions (HRA + 80C + home loan interest + 80D + NPS) exceed ~₹3.75 lakh, the old regime saves more tax. If you have few deductions (e.g., renting is unnecessary, no home loan), the new regime's lower slab rates and higher basic exemption of ₹3 lakh tend to be better. TaxClue runs a side-by-side calculation for your specific numbers.
Yes, filing ITR is mandatory if your gross income exceeds ₹2.5 lakh (old regime) or ₹3 lakh (new regime), even if your employer deducted the correct TDS. Filing also lets you: claim refund if excess TDS was deducted, declare other income (interest, rent, capital gains), carry forward losses, and apply for home loans or visas which require ITR acknowledgement.
Required: Form 16 (Part A & B) from employer, PAN card, Aadhaar, Form 26AS (download from income tax portal), AIS (Annual Information Statement). Optional but useful: bank statements showing interest income, home loan interest certificate, rent receipts for HRA, investment proofs for 80C (PPF passbook, ELSS statement, LIC receipts), health insurance premium receipts for 80D.
Yes, you can claim both HRA (Section 10(13A)) and home loan interest deduction (Section 24b) simultaneously — for example, if you own a property in another city and pay rent where you work. For a self-occupied property in the same city, you generally cannot claim HRA, but this is fact-specific. TaxClue's CAs advise the correct approach for your situation to avoid notices.
The standard due date for salaried individuals (non-audit) is July 31 of the assessment year. Missing this date results in: late filing fee of ₹5,000 (₹1,000 if income below ₹5 lakh), interest on unpaid tax at 1% per month under Section 234A, and inability to carry forward capital losses. A belated return can be filed up to December 31 of the assessment year.
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