Compare India income tax under old regime (with exemptions/deductions) vs new regime (default from FY 2024-25). New regime: 0% to 3L, 5% to 7L, 10% to 10L, 15% to 12L, 20% to 15L, 30% above 15L INR.
Compare India income tax under old regime (with exemptions/deductions) vs new regime (default from FY 2024-25). New regime: 0% to 3L, 5% to 7L, 10% to 10L, 15% to 12L, 20% to 15L, 30% above 15L INR
Each component has a specific meaning:
Note: Interpret the india income tax old vs new result against the thresholds and context described above.
Enter the FY 2024-25) for the scenario you are assessing. Compare India income tax under old regime (with exemptions/deductions) vs new regime (default from FY 2024-25). New regime: 0% to 3L, 5% to 7L, 10% to 10L, 15% to 12L, 20% to 15L, 30% above 15L INR. Use the india income tax old vs new result to inform your calculation.