{"id":1539,"date":"2026-07-12T12:35:47","date_gmt":"2026-07-12T08:05:47","guid":{"rendered":"https:\/\/caalokkumar.com\/my-writing\/?p=1539"},"modified":"2026-07-12T12:53:06","modified_gmt":"2026-07-12T08:23:06","slug":"salary-tax-planning-a2026-27","status":"publish","type":"post","link":"https:\/\/caalokkumar.com\/my-writing\/salary-tax-planning-a2026-27\/","title":{"rendered":"How to Reduce Tax on Salary \u2013 Salary Tax Planning 2026"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Deductions and Allowances for Salaried Employees under Income-tax Act, 1961: Salary Tax Planning Guide for AY 2026-27<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Salary Tax Planning and Salary taxation is not limited to basic salary. It may include dearness allowance, bonus, commission, taxable allowances, perquisites, employer contributions, retirement benefits and certain payments received from an employer.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At the same time, the Income-tax Act, 1961 provides several exemptions and deductions that may reduce the taxable income of a salaried employee. However, the availability of these benefits depends substantially on whether the employee chooses the&nbsp;<strong>old tax regime<\/strong>&nbsp;or remains under the&nbsp;<strong>default new tax regime under Section 115BAC<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This article covers the relevant provisions for&nbsp;<strong>Financial Year 2025-26 and Assessment Year 2026-27<\/strong>, including Sections 10, 15, 16, 17, 80C, 80CCC, 80CCD, 80CCH, 80D, 80DD, 80DDB, 80E, 80EE, 80EEA, 80EEB, 80G, 80GG, 80GGA, 80GGC, 80TTA, 80TTB and 80U. The official Income Tax Department guidance states that these provisions reflect the Income-tax Act, 1961 as amended for AY 2026-27. (<a href=\"https:\/\/www.incometaxindia.gov.in\/w\/deductions\/allowances-allowed-to-a-salaried-employee\" target=\"_blank\" rel=\"noopener\">Etds<\/a>)<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How is salary income taxed?<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Section 15: Basis of taxation<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Under Section 15, salary is generally taxable on the earlier of:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>the date on which it becomes due; or<\/li>\n\n\n\n<li>the date on which it is received.<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">Therefore, advance salary is taxable when received, while salary already taxed on a due basis cannot be taxed again when subsequently received.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Section 17: Meaning of salary, perquisites and profits in lieu<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Section 17 gives an inclusive definition of salary. It covers, among other items:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>wages and pension;<\/li>\n\n\n\n<li>annuity;<\/li>\n\n\n\n<li>gratuity;<\/li>\n\n\n\n<li>fees, commission and bonus;<\/li>\n\n\n\n<li>taxable allowances;<\/li>\n\n\n\n<li>advance salary;<\/li>\n\n\n\n<li>leave encashment;<\/li>\n\n\n\n<li>taxable employer contributions;<\/li>\n\n\n\n<li>perquisites such as rent-free accommodation, concessional accommodation, specified employer-provided benefits and ESOPs; and<\/li>\n\n\n\n<li>compensation or other payments treated as profits in lieu of salary.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">After adding taxable salary components, exemptions under Section 10 and deductions under Section 16 are considered to arrive at taxable salary income. (<a href=\"https:\/\/www.incometaxindia.gov.in\/w\/salary?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noopener\">Etds<\/a>)<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h1 class=\"wp-block-heading\">Old Tax Regime vs New Tax Regime<\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">The new tax regime under Section 115BAC is the default regime for AY 2026-27. A salaried taxpayer having no business or professional income may select the old regime directly while filing the return and may reconsider the choice every year, provided the return is filed within the prescribed time.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A taxpayer having business or professional income generally needs to file\u00a0<strong><a href=\"https:\/\/caindwarka.com\" target=\"_blank\" rel=\"noreferrer noopener\">Form 10-IEA<\/a><\/strong>\u00a0within the due date under Section 139(1) to opt for the old regime, and the ability to switch regimes is restricted. (<a href=\"https:\/\/www.incometax.gov.in\/iec\/foportal\/help\/statutory-forms\/popular-form\/form-10-IEA-faq?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noopener\">Income Tax India<\/a>)<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Deduction or exemption<\/th><th>Old regime<\/th><th>New regime<\/th><\/tr><\/thead><tbody><tr><td>Standard deduction<\/td><td>\u20b950,000<\/td><td>\u20b975,000<\/td><\/tr><tr><td>HRA exemption under Section 10(13A)<\/td><td>Available<\/td><td>Not available<\/td><\/tr><tr><td>Leave Travel Allowance under Section 10(5)<\/td><td>Available<\/td><td>Not available<\/td><\/tr><tr><td>Children education and hostel allowance<\/td><td>Available within limits<\/td><td>Not available<\/td><\/tr><tr><td>Official-duty travel, daily and conveyance allowances<\/td><td>Available<\/td><td>Permitted in prescribed cases<\/td><\/tr><tr><td>Transport allowance for specified disabled employees<\/td><td>Available<\/td><td>Available<\/td><\/tr><tr><td>Professional tax under Section 16(iii)<\/td><td>Available<\/td><td>Not available<\/td><\/tr><tr><td>Entertainment allowance for Government employees<\/td><td>Available<\/td><td>Not available<\/td><\/tr><tr><td>Section 80C, 80D, 80E, 80G, 80GG, 80TTA etc.<\/td><td>Available<\/td><td>Generally not available<\/td><\/tr><tr><td>Employer\u2019s NPS contribution under Section 80CCD(2)<\/td><td>Available<\/td><td>Available<\/td><\/tr><tr><td>Central Government contribution to Agniveer Fund under Section 80CCH(2)<\/td><td>Available<\/td><td>Available<\/td><\/tr><tr><td>Interest on self-occupied housing loan under Section 24(b)<\/td><td>Available within limits<\/td><td>Not available<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Most Chapter VI-A deductions from Sections 80C to 80U cannot be claimed under the new regime. The main exceptions relevant to employees are employer contribution to NPS under Section 80CCD(2) and Central Government contribution to the Agniveer Corpus Fund under Section 80CCH(2). (<a href=\"https:\/\/www.incometaxindia.gov.in\/w\/computation-of-tax-for-individual-1\" target=\"_blank\" rel=\"noopener\">Etds<\/a>)<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h1 class=\"wp-block-heading\">Deductions directly from salary under Section 16<\/h1>\n\n\n\n<h2 class=\"wp-block-heading\">1. Standard deduction under Section 16(ia)<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A standard deduction is available without producing bills or proof of expenditure.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Old tax regime:<\/strong>\u00a0\u20b950,000 or salary income, whichever is lower.<\/li>\n\n\n\n<li><strong>New tax regime:<\/strong>\u00a0\u20b975,000 or salary income, whichever is lower.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The deduction is also available against taxable pension received from a former employer because such pension is taxable under the head \u201cSalaries.\u201d (<a href=\"https:\/\/www.incometaxindia.gov.in\/w\/employees-benefits-allowable\" target=\"_blank\" rel=\"noopener\">Etds<\/a>)<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Salary up to \u20b912.75 lakh may be tax-free under the new regime<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">For AY 2026-27, a resident individual under the new regime may claim rebate under Section 87A where total income taxable at normal slab rates does not exceed \u20b912 lakh.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Accordingly, a salaried employee having:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>gross salary up to \u20b912.75 lakh; and<\/li>\n\n\n\n<li>standard deduction of \u20b975,000,<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">may have total income of \u20b912 lakh and consequently no tax liability, provided there is no income taxable at special rates or another factor affecting the rebate. The maximum rebate is \u20b960,000. (<a href=\"https:\/\/www.incometaxindia.gov.in\/w\/computation-of-tax-for-individual-1\" target=\"_blank\" rel=\"noopener\">Etds<\/a>)<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">2. Entertainment allowance under Section 16(ii)<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Entertainment allowance received by an employee is initially included in taxable salary.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A deduction is then available only to Central or State Government employees. The deduction is the lowest of:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>actual entertainment allowance received;<\/li>\n\n\n\n<li>20% of basic salary; or<\/li>\n\n\n\n<li>\u20b95,000.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">No such deduction is available to private-sector employees. It is also not available under the new tax regime. (<a href=\"https:\/\/www.incometaxindia.gov.in\/w\/employees-benefits-allowable\" target=\"_blank\" rel=\"noopener\">Etds<\/a>)<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">3. Professional tax under Section 16(iii)<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Professional tax or employment tax actually paid during the financial year is deductible under the old tax regime.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Where the employer pays professional tax on behalf of an employee, it is first included as a taxable perquisite and then allowed as a deduction. This deduction is not available under the new tax regime. (<a href=\"https:\/\/www.incometaxindia.gov.in\/w\/employees-benefits-allowable\" target=\"_blank\" rel=\"noopener\">Etds<\/a>)<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h1 class=\"wp-block-heading\">Exempt allowances under Section 10<\/h1>\n\n\n\n<h2 class=\"wp-block-heading\">House Rent Allowance under Section 10(13A)<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">HRA exemption is available only under the old tax regime where the employee:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>receives HRA from the employer;<\/li>\n\n\n\n<li>actually pays rent; and<\/li>\n\n\n\n<li>does not own the residential accommodation occupied by him or her.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The exempt amount is the lowest of:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>actual HRA received;<\/li>\n\n\n\n<li>rent paid minus 10% of salary; or<\/li>\n\n\n\n<li>50% of salary where the rented house is in Delhi, Mumbai, Kolkata or Chennai, and 40% of salary in any other city.<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">For this calculation, salary generally means basic salary, dearness allowance forming part of retirement benefits and turnover-based commission.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Employees can use the&nbsp;<a href=\"https:\/\/caalokkumar.com\/hra-calculator.html\">HRA exemption calculator<\/a>&nbsp;to estimate the eligible amount.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">No exemption is available where the employee lives in his or her own house or does not actually pay rent. The landlord\u2019s PAN should ordinarily be furnished to the employer where annual rent exceeds \u20b91 lakh. (<a href=\"https:\/\/www.incometaxindia.gov.in\/w\/employees-benefits-allowable\" target=\"_blank\" rel=\"noopener\">Etds<\/a>)<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Rent paid to parents<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">HRA may be claimed for rent paid to parents where the arrangement is genuine. It is advisable to maintain:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>a rent agreement;<\/li>\n\n\n\n<li>rent receipts;<\/li>\n\n\n\n<li>bank-payment evidence;<\/li>\n\n\n\n<li>landlord\u2019s PAN; and<\/li>\n\n\n\n<li>evidence that the parent has reported the rental income in the income-tax return.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Leave Travel Allowance under Section 10(5)<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Leave Travel Allowance or Leave Travel Concession may be exempt under the old regime for travel within India by the employee and eligible family members.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The exemption is broadly limited to eligible travel fare by the shortest route and is available for two journeys in a block of four calendar years. Hotel, food, sightseeing and local conveyance expenses do not qualify.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The exemption is not available under the new tax regime. (<a href=\"https:\/\/www.incometaxindia.gov.in\/w\/employees-benefits-allowable\" target=\"_blank\" rel=\"noopener\">Etds<\/a>)<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Children education and hostel allowances<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Under Section 10(14) read with Rule 2BB:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>children education allowance is exempt up to \u20b9100 per month per child for a maximum of two children; and<\/li>\n\n\n\n<li>hostel expenditure allowance is exempt up to \u20b9300 per month per child for a maximum of two children.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">These exemptions should not be confused with tuition-fee deduction under Section 80C. The Section 80C deduction relates to eligible tuition fees actually paid, whereas Section 10(14) deals with allowance received from the employer. (<a href=\"https:\/\/www.incometaxindia.gov.in\/w\/employees-benefits-allowable\" target=\"_blank\" rel=\"noopener\">Etds<\/a>)<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Allowances for official duties<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The following allowances may be exempt to the extent actually spent for official duties:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>travel allowance for tour or transfer;<\/li>\n\n\n\n<li>daily allowance while away from the normal place of duty;<\/li>\n\n\n\n<li>conveyance allowance for performing official duties;<\/li>\n\n\n\n<li>helper or assistant allowance;<\/li>\n\n\n\n<li>research allowance; and<\/li>\n\n\n\n<li>uniform allowance.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Supporting evidence should be maintained because the exemption is restricted to the amount actually incurred for official purposes. Certain prescribed official-duty allowances continue to be recognised even under the new regime. (<a href=\"https:\/\/www.incometaxindia.gov.in\/w\/employees-benefits-allowable\" target=\"_blank\" rel=\"noopener\">Etds<\/a>)<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Transport allowance for specified disabled employees<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">An exemption of up to \u20b93,200 per month is available for transport allowance received by an employee who is blind, deaf and dumb, or orthopaedically disabled with disability of the lower extremities, subject to prescribed conditions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This specified exemption may also be claimed under the new tax regime. (<a href=\"https:\/\/www.incometaxindia.gov.in\/w\/employees-benefits-allowable\" target=\"_blank\" rel=\"noopener\">Etds<\/a>)<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Common allowances that are fully taxable<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Unless a specific exemption applies, the following are generally taxable:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>dearness allowance;<\/li>\n\n\n\n<li>overtime allowance;<\/li>\n\n\n\n<li>city compensatory allowance;<\/li>\n\n\n\n<li>fixed medical allowance;<\/li>\n\n\n\n<li>tiffin or meal allowance paid in cash;<\/li>\n\n\n\n<li>servant allowance;<\/li>\n\n\n\n<li>ordinary transport allowance for commuting between home and office; and<\/li>\n\n\n\n<li>any other cash allowance not specifically exempt.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">(<a href=\"https:\/\/www.incometaxindia.gov.in\/w\/deductions\/allowances-allowed-to-a-salaried-employee\" target=\"_blank\" rel=\"noopener\">Etds<\/a>)<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h1 class=\"wp-block-heading\">Chapter VI-A deductions for salaried employees<\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">Most of the following deductions are available only under the old tax regime.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Section 80C: Investments and eligible payments<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Section 80C permits a deduction up to \u20b91.50 lakh for eligible investments and payments, including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Employees\u2019 Provident Fund and recognised provident fund contributions;<\/li>\n\n\n\n<li>voluntary provident fund contributions;<\/li>\n\n\n\n<li>Public Provident Fund;<\/li>\n\n\n\n<li>life insurance premium;<\/li>\n\n\n\n<li>Equity Linked Savings Scheme;<\/li>\n\n\n\n<li>Sukanya Samriddhi Scheme;<\/li>\n\n\n\n<li>National Savings Certificates;<\/li>\n\n\n\n<li>five-year tax-saving bank deposits;<\/li>\n\n\n\n<li>Senior Citizens\u2019 Savings Scheme;<\/li>\n\n\n\n<li>eligible tuition fees for full-time education of up to two children;<\/li>\n\n\n\n<li>repayment of principal on an eligible housing loan;<\/li>\n\n\n\n<li>eligible stamp duty and registration charges; and<\/li>\n\n\n\n<li>specified pension, annuity and unit-linked plans.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The combined deduction under Sections&nbsp;<strong>80C, 80CCC and 80CCD(1)<\/strong>&nbsp;cannot exceed \u20b91.50 lakh. (<a href=\"https:\/\/www.incometaxindia.gov.in\/w\/deductions-allowable-to-tax-payer\" target=\"_blank\" rel=\"noopener\">Etds<\/a>)<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Section 80CCC: Specified pension funds<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Contribution to specified annuity or pension plans of LIC or another approved insurer is deductible under Section 80CCC.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, this deduction forms part of the combined \u20b91.50 lakh limit under Sections 80C, 80CCC and 80CCD(1). (<a href=\"https:\/\/www.incometaxindia.gov.in\/w\/deductions-allowable-to-tax-payer\" target=\"_blank\" rel=\"noopener\">Etds<\/a>)<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Section 80CCD: National Pension System<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Section 80CCD provides three distinct deductions:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Employee\u2019s contribution: Section 80CCD(1)<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A salaried employee may claim his or her contribution to NPS up to 10% of salary, subject to the combined \u20b91.50 lakh limit under Section 80CCE.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Additional contribution: Section 80CCD(1B)<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">An additional deduction of up to \u20b950,000 is available for eligible own contributions to NPS. This is over and above the \u20b91.50 lakh limit.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">From AY 2026-27, the additional deduction may also cover an eligible contribution made by a parent or guardian to the NPS account of a minor under the notified scheme, subject to statutory conditions.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Employer\u2019s contribution: Section 80CCD(2)<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Employer contribution to NPS is separately deductible and is not included in the \u20b91.50 lakh limit.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The prescribed limit is:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>up to 14% of salary for Central and State Government employers;<\/li>\n\n\n\n<li>up to 10% of salary for another employer under the old regime; and<\/li>\n\n\n\n<li>up to 14% of salary for another employer where the employee is taxed under the new regime.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">For this purpose, salary includes basic salary and eligible dearness allowance but excludes other allowances and perquisites. (<a href=\"https:\/\/www.incometaxindia.gov.in\/w\/section-80ccd-21?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noopener\">Etds<\/a>)<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Section 80CCH: Agniveer Corpus Fund<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Section 80CCH applies to an individual enrolled under the Agnipath Scheme.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Under the old regime, deduction may be available for:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>the Agniveer\u2019s own eligible contribution; and<\/li>\n\n\n\n<li>the matching contribution made by the Central Government.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Under the new regime, the deduction specifically preserved is the Central Government contribution covered by Section 80CCH(2). (<a href=\"https:\/\/www.incometaxindia.gov.in\/w\/section-80cch-1?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noopener\">Etds<\/a>)<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h1 class=\"wp-block-heading\">Health and disability-related deductions<\/h1>\n\n\n\n<h2 class=\"wp-block-heading\">Section 80D: Medical insurance<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The deduction limits are:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Eligible person<\/th><th>General limit<\/th><th>Senior-citizen limit<\/th><\/tr><\/thead><tbody><tr><td>Self, spouse and dependent children<\/td><td>\u20b925,000<\/td><td>\u20b950,000<\/td><\/tr><tr><td>Parents, as an additional deduction<\/td><td>\u20b925,000<\/td><td>\u20b950,000<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Therefore, the maximum deduction may reach \u20b91 lakh where both the taxpayer or spouse and the parents fall within the senior-citizen category.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Preventive health check-up expenses are covered up to \u20b95,000 within the overall limit and may be paid in cash. Insurance premium should generally be paid through a non-cash mode.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Medical expenditure up to \u20b950,000 may be covered for a resident senior citizen who is not covered by health insurance, subject to the overall statutory limit. (<a href=\"https:\/\/www.incometaxindia.gov.in\/w\/deductions-allowable-to-tax-payer\" target=\"_blank\" rel=\"noopener\">Etds<\/a>)<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Section 80DD: Dependant with disability<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A resident individual maintaining a dependant with disability may claim a fixed deduction of:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u20b975,000 for disability; or<\/li>\n\n\n\n<li>\u20b91,25,000 for severe disability.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The deduction is based on the prescribed disability certification and is not restricted to the actual expenditure incurred.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A dependant may include the spouse, children, parents, brothers or sisters who satisfy the statutory conditions. (<a href=\"https:\/\/www.incometaxindia.gov.in\/w\/deductions-allowable-to-tax-payer\" target=\"_blank\" rel=\"noopener\">Etds<\/a>)<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Section 80DDB: Specified diseases<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Deduction may be claimed for actual expenditure incurred on treatment of specified diseases for the taxpayer or eligible dependant, after reducing any reimbursement received.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The maximum deduction is:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u20b940,000 ordinarily; or<\/li>\n\n\n\n<li>\u20b91 lakh where the patient is a senior citizen.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">A prescription from the prescribed specialist is required. (<a href=\"https:\/\/www.incometaxindia.gov.in\/w\/deductions-allowable-to-tax-payer\" target=\"_blank\" rel=\"noopener\">Etds<\/a>)<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Section 80U: Taxpayer with disability<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Section 80U applies where the taxpayer himself or herself is a resident individual with a qualifying disability.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The fixed deduction is:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u20b975,000 for disability; or<\/li>\n\n\n\n<li>\u20b91,25,000 for severe disability.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Section 80DD applies to a disabled dependant, whereas Section 80U applies to the taxpayer personally. (<a href=\"https:\/\/www.incometaxindia.gov.in\/w\/deductions-allowable-to-tax-payer\" target=\"_blank\" rel=\"noopener\">Etds<\/a>)<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h1 class=\"wp-block-heading\">Education, housing and electric-vehicle deductions<\/h1>\n\n\n\n<h2 class=\"wp-block-heading\">Section 80E: Higher-education loan<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">An individual may claim the entire eligible interest paid on an education loan taken from a financial institution or approved charitable institution.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">There is no monetary ceiling, but the deduction is available for:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>the year in which repayment of interest begins; and<\/li>\n\n\n\n<li>seven immediately succeeding assessment years,<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">or until the interest is fully paid, whichever is earlier.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The loan may relate to higher education of the taxpayer, spouse, children or a student for whom the taxpayer is the legal guardian. (<a href=\"https:\/\/www.incometaxindia.gov.in\/w\/deductions-allowable-to-tax-payer\" target=\"_blank\" rel=\"noopener\">Etds<\/a>)<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Section 80EE: First-time home buyer<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A deduction of up to \u20b950,000 may be available where:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>the housing loan was sanctioned during FY 2016-17;<\/li>\n\n\n\n<li>the loan did not exceed \u20b935 lakh;<\/li>\n\n\n\n<li>the property value did not exceed \u20b950 lakh; and<\/li>\n\n\n\n<li>the taxpayer did not own another residential house on the date of sanction.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">(<a href=\"https:\/\/www.incometaxindia.gov.in\/w\/deductions?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noopener\">Etds<\/a>)<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Section 80EEA: Affordable housing loan<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">An additional interest deduction of up to \u20b91.50 lakh may be available where:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>the loan was sanctioned between 1 April 2019 and 31 March 2022;<\/li>\n\n\n\n<li>the stamp-duty value of the residential property did not exceed \u20b945 lakh;<\/li>\n\n\n\n<li>the taxpayer did not own another residential house on the date of loan sanction; and<\/li>\n\n\n\n<li>the taxpayer is not eligible for deduction under Section 80EE.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The same interest cannot be claimed twice under Section 24(b) and Section 80EEA. Only the portion remaining after the Section 24(b) claim may qualify, subject to statutory limits. (<a href=\"https:\/\/www.incometaxindia.gov.in\/w\/deductions?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noopener\">Etds<\/a>)<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Section 80EEB: Electric-vehicle loan<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Interest up to \u20b91.50 lakh may be deductible where the loan was taken from a financial institution for purchasing an electric vehicle and was sanctioned between 1 April 2019 and 31 March 2023. (<a href=\"https:\/\/www.incometaxindia.gov.in\/w\/threshold-limits-under-income-tax-act?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noopener\">Etds<\/a>)<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h1 class=\"wp-block-heading\">Rent, donations and interest-income deductions<\/h1>\n\n\n\n<h2 class=\"wp-block-heading\">Section 80GG: Rent where HRA is not received<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">An individual who does not receive HRA may claim deduction for rent paid, subject to prescribed conditions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The deduction is the lowest of:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>rent paid minus 10% of adjusted total income;<\/li>\n\n\n\n<li>25% of adjusted total income; or<\/li>\n\n\n\n<li>\u20b95,000 per month.<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">The taxpayer must satisfy the property-ownership conditions and furnish&nbsp;<strong>Form 10BA<\/strong>. HRA exemption and Section 80GG deduction cannot ordinarily be claimed for the same period. (<a href=\"https:\/\/www.incometaxindia.gov.in\/w\/deductions-allowable-to-tax-payer\" target=\"_blank\" rel=\"noopener\">Etds<\/a>)<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Section 80G: Charitable donations<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Deduction may be available at 50% or 100% of the eligible donation, with or without restriction to 10% of adjusted gross total income, depending on the recipient institution or fund.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Important conditions include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>the fund or institution must have valid approval;<\/li>\n\n\n\n<li>the receipt should contain the required particulars; and<\/li>\n\n\n\n<li>a cash donation exceeding \u20b92,000 is not eligible.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">(<a href=\"https:\/\/www.incometaxindia.gov.in\/w\/deductions-allowable-to-tax-payer\" target=\"_blank\" rel=\"noopener\">Etds<\/a>)<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Section 80GGA: Scientific research and rural development<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">An eligible taxpayer not having income chargeable under the head \u201cProfits and gains of business or profession\u201d may claim 100% deduction for specified donations towards scientific research, social-science research, statistical research, rural development and eligible projects.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A cash contribution exceeding \u20b92,000 is not eligible. (<a href=\"https:\/\/www.incometaxindia.gov.in\/w\/deductions-allowable-to-tax-payer\" target=\"_blank\" rel=\"noopener\">Etds<\/a>)<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Section 80GGC: Political contributions<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">An individual may claim 100% deduction for an eligible contribution to a registered political party or electoral trust.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">No deduction is available where the contribution is made in cash. (<a href=\"https:\/\/www.incometaxindia.gov.in\/w\/deductions-allowable-to-tax-payer\" target=\"_blank\" rel=\"noopener\">Etds<\/a>)<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Section 80TTA: Savings-account interest<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">An individual below 60 years of age or a HUF may claim deduction of up to \u20b910,000 for interest earned on eligible savings-bank accounts.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Interest on fixed deposits, recurring deposits and time deposits is not covered by Section 80TTA. (<a href=\"https:\/\/www.incometaxindia.gov.in\/w\/deductions-allowable-to-tax-payer\" target=\"_blank\" rel=\"noopener\">Etds<\/a>)<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Section 80TTB: Interest income of senior citizens<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A resident senior citizen may claim deduction of up to \u20b950,000 on eligible interest from:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>savings accounts;<\/li>\n\n\n\n<li>fixed deposits;<\/li>\n\n\n\n<li>recurring deposits; and<\/li>\n\n\n\n<li>eligible deposits with banks, post offices and co-operative banks.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">A senior citizen claiming Section 80TTB cannot separately claim Section 80TTA. (<a href=\"https:\/\/www.incometaxindia.gov.in\/w\/deductions-allowable-to-tax-payer\" target=\"_blank\" rel=\"noopener\">Etds<\/a>)<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h1 class=\"wp-block-heading\">Retirement benefits and salary arrears<\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">Important exemptions that may continue to apply even under the new regime include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>gratuity under Section 10(10);<\/li>\n\n\n\n<li>commuted pension under Section 10(10A);<\/li>\n\n\n\n<li>leave encashment at retirement under Section 10(10AA);<\/li>\n\n\n\n<li>retrenchment compensation under Section 10(10B); and<\/li>\n\n\n\n<li>eligible voluntary-retirement compensation under Section 10(10C).<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">For non-Government employees, the notified ceiling for eligible leave encashment at retirement is \u20b925 lakh. The gratuity exemption ceiling for eligible non-Government employees is generally \u20b920 lakh, subject to the applicable formula and conditions. Government employees may receive broader exemptions under the relevant provisions. (<a href=\"https:\/\/www.incometaxindia.gov.in\/w\/employees-benefits-allowable\" target=\"_blank\" rel=\"noopener\">Etds<\/a>)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Where salary arrears, advance salary, gratuity, compensation or similar income causes a higher tax burden because it is received in one year, relief may be claimed under Section 89, subject to filing&nbsp;<strong>Form 10E<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The tax impact may be checked through the&nbsp;<a href=\"https:\/\/caalokkumar.com\/income-tax-relief-calculator.php\">Income Tax Relief Calculator under Section 89<\/a>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h1 class=\"wp-block-heading\">Documents salaried taxpayers should maintain<\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">Before undertaking&nbsp;<a href=\"https:\/\/caalokkumar.com\/itr-filing.html\">ITR filing and CPC notice compliance<\/a>, a salaried employee should reconcile and retain:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Form 16 from every employer;<\/li>\n\n\n\n<li>Form 26AS, AIS and TIS;<\/li>\n\n\n\n<li>salary slips and perquisite statements;<\/li>\n\n\n\n<li>rent agreement, rent receipts and landlord PAN;<\/li>\n\n\n\n<li>housing-loan interest certificate;<\/li>\n\n\n\n<li>education-loan interest certificate;<\/li>\n\n\n\n<li>medical-insurance receipts;<\/li>\n\n\n\n<li>NPS contribution statement;<\/li>\n\n\n\n<li>donation receipts and approval details;<\/li>\n\n\n\n<li>disability certificate or medical prescription, where applicable;<\/li>\n\n\n\n<li>bank interest certificates;<\/li>\n\n\n\n<li>Form 10BA for Section 80GG; and<\/li>\n\n\n\n<li>Form 10E for relief under Section 89.<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">Where TDS shown in Form 16 does not match Form 26AS or AIS, professional assistance for a\u00a0<a href=\"https:\/\/caalokkumar.com\/tds-credit-mismatch-form-71-form-102.html\">TDS credit mismatch<\/a> may help prevent an incorrect tax demand.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h1 class=\"wp-block-heading\">Common mistakes while claiming salary deductions<\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">Salaried taxpayers should avoid the following errors:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>claiming HRA, Section 80C or Section 80D while remaining under the new tax regime;<\/li>\n\n\n\n<li>claiming HRA without actual rent payment;<\/li>\n\n\n\n<li>claiming HRA and Section 80GG for the same period;<\/li>\n\n\n\n<li>claiming fixed-deposit interest under Section 80TTA;<\/li>\n\n\n\n<li>claiming health-insurance premium paid in cash;<\/li>\n\n\n\n<li>claiming Section 80G for cash donations exceeding \u20b92,000;<\/li>\n\n\n\n<li>double-claiming the same housing-loan interest;<\/li>\n\n\n\n<li>including employer NPS contribution within the \u20b91.50 lakh Section 80C limit;<\/li>\n\n\n\n<li>confusing Section 80DD with Section 80U;<\/li>\n\n\n\n<li>failing to report taxable allowances and perquisites appearing in Form 16;<\/li>\n\n\n\n<li>not reconciling Form 16 with AIS and Form 26AS; and<\/li>\n\n\n\n<li>selecting the old regime after the applicable statutory deadline.<\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">An incorrect claim may result in adjustment under Section 143(1), a defective-return notice or subsequent verification. Assistance may be obtained for a&nbsp;<a href=\"https:\/\/caalokkumar.com\/response-to-defective-notice.html\">response to a defective return notice under Section 139(9)<\/a>&nbsp;or an&nbsp;<a href=\"https:\/\/caalokkumar.com\/income-tax-demand-notice-response.html\">income-tax demand notice response<\/a>.<\/p>\n<\/blockquote>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h1 class=\"wp-block-heading\">Which tax regime should a salaried employee choose?<\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">The new regime offers lower slab rates, a \u20b975,000 standard deduction and limited compliance. It may be more beneficial where the employee has relatively low deductions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The old regime may remain beneficial where the employee has substantial:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>HRA exemption;<\/li>\n\n\n\n<li>home-loan interest;<\/li>\n\n\n\n<li>Section 80C investments;<\/li>\n\n\n\n<li>NPS contribution;<\/li>\n\n\n\n<li>medical-insurance premium;<\/li>\n\n\n\n<li>education-loan interest;<\/li>\n\n\n\n<li>donations;<\/li>\n\n\n\n<li>rent deduction under Section 80GG; or<\/li>\n\n\n\n<li>disability-related deductions.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The correct comparison should be based on the final taxable income and tax liability under both regimes\u2014not merely on the total investments made.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h1 class=\"wp-block-heading\">Frequently Asked Questions<\/h1>\n\n\n\n<h2 class=\"wp-block-heading\">Is Section 80C available under the new tax regime?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">No. Section 80C is generally available only where the taxpayer validly chooses the old tax regime.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Can HRA exemption be claimed in the new tax regime?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">No. Exemption under Section 10(13A) is not available under the new regime.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Is employer NPS contribution deductible in the new regime?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Yes. Eligible employer contribution under Section 80CCD(2) remains deductible. For non-Government employers, the limit may extend to 14% of salary under the new regime.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Is Section 80D medical-insurance deduction available under the new regime?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">No. Section 80D is generally not available under the new regime.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Can an employee claim both Section 80C and additional NPS deduction?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Yes, under the old regime. The combined Section 80C, 80CCC and 80CCD(1) limit is \u20b91.50 lakh, while an additional deduction of up to \u20b950,000 may be claimed under Section 80CCD(1B).<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What is Section 80CH shown on the portal?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The operative provision is&nbsp;<strong>Section 80CCH<\/strong>, relating to the Agniveer Corpus Fund. \u201c80CH\u201d appearing in a list or search label should not be treated as a separate salary deduction.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Can a salaried employee change the tax regime every year?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A taxpayer without business or professional income may generally select the regime each year while filing the return within the due date. Different rules apply where business or professional income is involved.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h1 class=\"wp-block-heading\">Conclusion<\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">The Income-tax Act provides several valuable deductions and exemptions to salaried employees, but many popular benefits\u2014including HRA, Section 80C, medical insurance, education-loan interest and donations\u2014are available only under the old regime.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Before filing the return, an employee should compare both regimes, reconcile Form 16 with AIS and Form 26AS, verify supporting documents and ensure that each deduction is reported under the correct section.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">For professional assistance, taxpayers may use&nbsp;<a href=\"https:\/\/caalokkumar.com\/itr-filing-dwarka-delhi.html\">ITR filing services in Dwarka, Delhi<\/a>, consult a&nbsp;<a href=\"https:\/\/caalokkumar.com\/tax-consultant-in-dwarka.html\">Tax Consultant in Dwarka<\/a>, seek assistance from a&nbsp;<a href=\"https:\/\/caalokkumar.com\/ca-in-rajendra-place-delhi.html\">Chartered Accountant in Rajendra Place<\/a>, or&nbsp;<a href=\"https:\/\/caalokkumar.com\/schedule-appointment.html\">schedule an appointment<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Disclaimer:<\/strong>&nbsp;This article provides general information based on the Income-tax Act, 1961 applicable to AY 2026-27. Tax treatment may vary according to salary structure, residential status, nature of income, tax-regime selection and supporting documentation.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Explore our guide on&nbsp;<a href=\"https:\/\/caalokkumar.com\/itr-filing.html\">Salary Tax Planning 2026 and ITR filing<\/a>&nbsp;to understand #HRAExemption, #Section80C, #NPSBenefits and #OldVsNewTaxRegime for AY 2026-27.<\/li>\n\n\n\n<li>Use the&nbsp;<a href=\"https:\/\/caalokkumar.com\/hra-calculator.html\">HRA Calculator<\/a>&nbsp;and consult a&nbsp;<a href=\"https:\/\/caalokkumar.com\/tax-consultant-in-dwarka.html\">Tax Consultant in Dwarka<\/a>&nbsp;for accurate #TaxSaving, #SalariedEmployees and #IncomeTaxIndia compliance.&nbsp;<\/li>\n<\/ul>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Deductions and Allowances for Salaried Employees under Income-tax Act, 1961: Salary Tax Planning Guide for AY 2026-27 Salary Tax Planning and Salary taxation is not limited to basic salary. It&#8230;<\/p>\n","protected":false},"author":1,"featured_media":1540,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14,4,192],"tags":[1394,1395,494,1392,1393],"class_list":["post-1539","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-income-tax","category-income-tax-act-1961","category-tds-on-salary-income","tag-itr-2026","tag-itr-filing-2026","tag-old-vs-new-tax-regime-2024","tag-salary-tax-planning-2026","tag-tax-on-salary"],"_links":{"self":[{"href":"https:\/\/caalokkumar.com\/my-writing\/wp-json\/wp\/v2\/posts\/1539","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/caalokkumar.com\/my-writing\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/caalokkumar.com\/my-writing\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/caalokkumar.com\/my-writing\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/caalokkumar.com\/my-writing\/wp-json\/wp\/v2\/comments?post=1539"}],"version-history":[{"count":2,"href":"https:\/\/caalokkumar.com\/my-writing\/wp-json\/wp\/v2\/posts\/1539\/revisions"}],"predecessor-version":[{"id":1542,"href":"https:\/\/caalokkumar.com\/my-writing\/wp-json\/wp\/v2\/posts\/1539\/revisions\/1542"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/caalokkumar.com\/my-writing\/wp-json\/wp\/v2\/media\/1540"}],"wp:attachment":[{"href":"https:\/\/caalokkumar.com\/my-writing\/wp-json\/wp\/v2\/media?parent=1539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/caalokkumar.com\/my-writing\/wp-json\/wp\/v2\/categories?post=1539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/caalokkumar.com\/my-writing\/wp-json\/wp\/v2\/tags?post=1539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}