New Delhi, March 11 -- How much of your high-paying salary do you take home? A comparison of India's new and old income tax regimes, focusing on earnings between Rs.1 crore and Rs.10 crore, highlights the significant differences in tax burden and net income. The data reveals a clear trend: the new regime typically offers a higher take-home pay. The comparison between the new and old regimes for different salary levels shows variations in tax liability and in-hand income.

"Under the new regime, for a salary of Rs.1 crore, the total tax payable is Rs.38,424,750, resulting in an in-hand salary of Rs.61,575,250. In contrast, under the Old Regime, the tax payable is Rs.42,455,478, leaving an in-hand salary of Rs.57,544,522," said Abhishek Son...