Please click on this link for Pattu's OTR vs NTR comparison calculator:
https://freefincal.com/wp-content/uploads/2024/03/FInal-NTR-vs-OTR-1.xlsx
On this Episode we cover:
- A quick background on this change in tax regime
- How the first investment for most people is for tax saving!
- Skepticism towards the New Tax regime, and why
- Pattu things young earners should select the ___ tax regime
- Whether people behind tax saving products are upset
- Whether with the NTR, people are not investing right
- If there's data about the government collecting lesser or more tax than before
- We discuss Pattu's NTR vs OTR calculator
- We take you step by step through the different entries and deductions
- The different scenarious for switching BETWEEN ntr and otr
- A super useful break even chart - find out where you are in this chart, and then switch to the right regime!
- How are freelancers / small business owners affected?
- Pattu's philosophy on tax ! (something about peanuts)
- How do these regimes affect investments?