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Old vs New Tax Regime Comparison by santosh.jammi29 is a document available to read on EtoBox.

What is Old vs New Tax Regime Comparison about?

The document compares the Old Tax Regime and New Tax Regime for an individual with an annual income of ₹20,00,000. It details exemptions, deductions, taxable income, tax slabs, and tax calculations for both regimes, highlighting that the total tax payable under the Old Regime is ₹2,19,960, while under the New Regime it is ₹2,43,360. Notably, the New Regime offers higher taxable income thresholds but fewer exemptions and deductions.

Author

santosh.jammi29

Language

EN