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Are you a salaried employee earning ₹15 lakh or more? You might be paying ₹48,000 extra tax without even realizing it. With the new Income Tax changes, several exemptions have increased — and this could significantly reduce your tax burden if used correctly. In this video, we break down: Old vs New Tax Regime comparison Updated exemptions and deductions How salaried employees can reduce taxable income Real example of ₹15 lakh salary saving ₹48,000 💡 ₹20 Lakh Salary – Example Calculation (Reference) If your salary is around ₹20 lakh: ➡️ With enhanced exemptions + deductions (Old Regime): Total deductions can go up to approx ₹9–10 lakh Taxable income can reduce to ~₹10–11 lakh ➡️ Tax comparison: Without proper planning: ~₹2.3 lakh tax With deductions applied: ~₹1.4 lakh tax ✅ Potential tax saving: ₹80,000 – ₹90,000 ⚠️ Important: These are estimated calculations for understanding purposes. Actual tax may vary based on your salary structure and eligible deductions. Don’t blindly choose a tax regime — always calculate before making a decision. If you want simplified finance content like this, make sure to subscribe! 🚀 📺 Follow us on Instagram: @thegarimakaushalshow Like, Share & Subscribe for more such content!