Can a car lease still help you save tax under the new regime?
Last Update Date: 05-10-2026
Published by India Today
Abhishek Kumar's role: Quoted
Abhishek Kumar explained, in comments drawn from his LinkedIn post, how a car lease still works under the new regime and cautioned that it suits people who stay with one employer for the full lease, citing a client who paid ₹6 lakh after switching jobs.
More of Abhishek's views on money management
India Today looks at whether an employer-provided car lease can still reduce tax under the new income tax regime. Because the car is treated as a perquisite rather than a deduction, the structure still works, but leaving the job before the lease ends or joining an employer without such a policy can be costly.
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Can a car lease still help you save tax under the new regime?