
Income Tax Calculator: New tax regime to be fait accompli in Budget 2025? Compute tax under both the regimes here | Mint
Source: Live Mint Income tax calculator: As we are aware that the new tax regime will become a default regime in FY2023-24, taxpayers are meant to calculate their income tax as per the lower slab rates sans major deductions and exemptions that are no longer allowed in this regime. Although the new tax regime does not offer…