Tax Calculator choose old or new tax regime Video on how to choose old or new Tax slab Choose the old or new tax regime for FY 2022-23 Revised New Tax Regime from AY 2024-25 Tax rebate on an income of up to ₹7 lakhs has been introduced under the new tax regime. This means tha...
Income Tax Slab Under the Old Tax Regime To minimise your taxable income, you could claim tax exemptions on HRA and LTA, as well as deductions under other sections, such as Section 80C, 80D, and 80TTA under the old tax regime.
Old Tax RegimeNew Tax Regime Tax Slab (Rs. )Old Tax RatesTax Slab (Rs. )New Tax Rates 0– 2.5 lakh0%0 – 3 lakh0% 2.5 lakh – 5 lakh5%3 lakh – 6 lakh5% 5 lakh – 10 lakh20%6 lakh – 9 lakh10% 10 lakh & above30%9 lakh – 12 lakh15% ...