In order to help taxpayers evaluate their tax savings under the New Tax Regime for the fiscal years 2024–2025 and 2025–2026 (post-budget 2025 proposals), the Income Tax Department has launched an easy ...
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Income tax calculator: Taxable income above Rs 12 lakh for FY 2025-26? How to calculate your income tax
From April 1, 2025, there is zero tax payable on the taxable income up to Rs 12 lakh. This will happen if an individual opts for the new tax regime for FY 2025-26. However, it may happen that your net ...
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