Under India's new tax regime, restructuring salary components through a car lease can significantly lower tax liabilities for salaried professionals. According to ClearTax and its CEO, Archit Gupta, this strategy allows employees to convert a portion of their cash salary into structured benefits, thereby reducing taxable income without increasing the overall Cost to Company (CTC). For instance, an employee with a CTC of ₹20 lakh could see their tax liability drop from ₹1,18,466 to zero by effectively utilizing a car lease exemption. This approach not only enhances take-home pay but also does so without incurring additional costs for employers. However, it requires careful planning and compliance with employer policies and tax regulations. It's essential for individuals to consult a certified tax planner or Chartered Accountant before making any changes to their salary structure to ensure compliance and clarity in tax filing.