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The new financial year 2025-26 has started from the month of April. The salary of the month of April has also come to their account. But many people will definitely be surprised that how the money has increased in their account without an approval. & nbsp; because it will take time to complete the April process in the office. In such a situation, whether government jobs or private employees, what is the secret of this increased money in everyone’s account?
Look at Mohan as an example, he is very excited by the increased money of salary that came in the month of April. The reason for this is that despite giving income tax declaration from the company, the salary used to come in Mohan’s account. After this, Mohan used to file returns from CA and after that he could get some part of it back.
Without an approval increased money increased
Actually, this is due to the discount given in income tax in the financial year 2025-26. After which now no tax will be levied on salary of up to 12 lakh 75 thousand and will not get sliced salary. & Nbsp;
In such a situation, Mohan’s CTC is 12 lakh 50 thousand & nbsp; Rs. And now they hope that no investment of any kind has to be shown from the month of April nor to save tax as before, such as house rental slip, school fees and other types of expenses, which had to be paid to the office before the salary was cut."text-align: justify;"> The government has now given a discount of up to Rs 12 lakh. Apart from this, there is a standard deduction of 75 thousand rupees. In such a situation, now people whose annual came up to 12 lakh 75 thousand rupees, their money will not be deducted.
what is CTC
Many rules regarding tax have changed from April 1. After this, whatever standard deduction, tax slab and other changes were made in the New Tax Resetam, it has started from April 1, as soon as the new financial year starts. In such a situation, if any other people like Mohan choose new tax regime, then they will have increased the inhand salary ranging from at least 5150 to 9,150 rupees. & nbsp; & nbsp;
Now let’s understand what is CTC? CTC & Nbsp; means the company to cost ie the money that the company spends on its employees in a year is called CTC. This includes basic salary to HRA and other allows. It also includes money which is deposited by the company as PF or EPF. That is, understand that the CTC is considered to be the weight of the employees, while the inhand salary is what comes to your account at the end of the month.
(tagstotranslate) Income tax
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