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  • Income Tax Calculator FY 2023 24 Age Below 60 Years 1

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    iirshu
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    This document contains tax information for an individual with an income of Rs. 15,43,500 under the old and new tax regimes. Under the old regime, the tax payable is Rs. 1,58,652 and under the new regime the tax payable is Rs. 1,54,648. The new regime reduces the tax liability for those with an income between Rs. 9-15 lakhs.

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    This document contains tax information for an individual with an income of Rs. 15,43,500 under the old and new tax regimes. Under the old regime, the tax payable is Rs. 1,58,652 and under the new regime the tax payable is Rs. 1,54,648. The new regime reduces the tax liability for those with an income between Rs. 9-15 lakhs.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    Download as xlsx, pdf, or txt
    11 views4 pages

    Income Tax Calculator FY 2023 24 Age Below 60 Years 1

    Uploaded by

    iirshu
    This document contains tax information for an individual with an income of Rs. 15,43,500 under the old and new tax regimes. Under the old regime, the tax payable is Rs. 1,58,652 and under the new regime the tax payable is Rs. 1,54,648. The new regime reduces the tax liability for those with an income between Rs. 9-15 lakhs.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 4

    Income 1543500

    Investments 410000 1470000


    TDS 0 73500

    Labels Old Slabs New Slabs INCOME OLD Tax Regime


    Income 1543500 1543500 Rs. 0 to Rs. 2.5L 0%
    Investments 410000 50000 Rs. 2.5L to Rs. 5L 5%
    Taxable Income 1133500 1493500 Rs. 5L to Rs. 10L 20%
    Slab 5% 12500 15000 > Rs. 10L 30%
    Slab 10% 30000
    Slab 15% 45000
    Slab 20% 100000 58700
    Slab 30% 40050 0
    Tax Rebate 0 0
    Surcharge 10% 0 0
    Surcharge 15% 0 0
    Cess 4% 6102 5948
    Income Tax 158652 154648
    Tax Refund 0 0
    INCOME NEW Tax Regime
    Rs. 0 to Rs. 3L 0%
    Rs. 3L to Rs. 6L 5%
    Rs. 6L to Rs. 9L 10%
    Rs. 9L to Rs. 12L 15%
    Rs. 12L to Rs. 15L 20%
    > Rs. 15L 30%

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