The income tax calculator helps you calculate tax under both the old and new tax regime for all categories of taxpayers —individuals, firms, trusts, companies and others. You can access the income tax ...

There is no tax on income of Rs 12 lakh or less, and salaried taxpayers can get tax exemption of up to Rs 12.75 lakh because of a Rs 75,000 standard deduction.

Under the new income tax regime, taxpayers can now avail of a standard deduction of up to Rs 75,000, which makes an annual ...

If you are a salaried taxpayer and have opted for the new tax regime, you can get tax benefits on the employer's contribution ...

Proposed New Tax Regime Calculations: Is your salary Rs 12,78,000 ... here's how much income tax you will pay now on Rs 5 lakh mutual fund earnings Income Tax Calculator AY 2019-20: Here is how Budget ...

A breakdown of deductions, exemptions, savings under the old and new systems will help you manage your finances ...

In the new tax regime, most deductions cannot be claimed ... 1961. Is there any tax calculator where I can compare my tax computation under both regimes? Yes, there is a tax calculator to compare ...

The old tax regime offers more deductions and exemptions compared to the new tax regime, making it a preferred choice for individuals who can take advantage of these benefits. Additionally, the Budget ...

So, if your employer deducted taxes based on the old tax regime, you can still shift to the new regime when filing your ...