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tds on salary: New vs old tax regime for TDS on salary: Choosing wrong tax regime in April can lead to higher tax

TDS on salary tax regime: In the month of April, many salaried individuals are required to inform their employer about their preferred tax regime on the basis of which tax will be deducted from their salary income. If wrong tax regime is chosen for tax to be deducted on the salary, then higher tax will be deducted throughout the financial year.

New Tax Regime and NPS: Registration of overall subscribers dropped in FY24, PFRDA data shows

The NPS has progressively advanced as a favoured mechanism for retirement planning across India, owing to its well-organised strategy towards guaranteeing financial stability upon retirement. 

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