Shreyaa Kapoor on Instagram: "Here is how you can pay 0 tax on your 12 lacs salary: If your annual income is Rs 12 lakh, then there is no other way, for salaried employees, to save taxes than by claiming a standard deduction of Rs 50,000 under the new tax regime. 🙏🏼 But with the old tax regime you can bing down your tax liability down to 0!🌱 Here is how: -Standard deduction (50,000) -80C deduction (1,50,000) -80CCD deduction (50,000) -80D deduction (50,000) - 25k for self and 25k for parents

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