What happens to your taxes post Budget 2023?| EconomicTimes
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Yoga Wellness Guru (Annual income: Rs 5.5 crore)
Tax pre-budget/old regime: Rs 2,30,81,760Tax now under new regime: Rs 2,10,60,000Gain is Rs 20, 21,760, which is 8.8% less tax. Assumptions: Purchased an apartment. Deduction on home loan interest is Rs 2L. Investments under 80C is Rs 1.5L. Medical insurance premium Rs 25,000.