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Income Tax Calculator AY 2024-25 by Saurabh Saxena is a document available to read on EtoBox.
What is Income Tax Calculator AY 2024-25 about?
The document shows salary details for an individual named Rajeev Srivastava for the financial year 2023-24 including gross salary, deductions, taxable income and tax due calculations. It compares the tax calculations under the old tax regime where various deductions were available versus the new regime with no deductions but lower tax slabs. The total tax due for the individual is lower under the new tax regime at Rs. 1,92,601 compared to Rs. 2,47,201 under the old regime.
- Author
- Saurabh Saxena
- Language
- EN