NPS Helps to Save Income Tax with New Tax Regime [VIDEO]
NPS Helps to Save Income Tax.. Employer contribution can be claimed as deduction up to 14% basic salary every month in new tax regime..
NPS Helps to Save Income Tax.. Employer contribution can be claimed as deduction up to 14% basic salary every month in new tax regime..
You need to pay tax of Rs. 26,000 on 13 lakh income with new tax regime in FY 2025-26, instead of Rs. 66,300, due to marginal relief benefit. Based on marginal relief under Section 87A, if your income is slightly above Rs. 12.75 lakh in FY 2025-26, you only have to pay the amount that …
Why Tax of Rs. 26,000 on 13 Lakh Income in New Tax Regime? [Video] Read More »
Income Tax Slab Rates FY 2025-26.. ZERO tax on income up to 12 lakh in 2025-26 with new tax regime. Tax Rebate of Rs. 60,000 in new regime for 2025-26..
STCG Tax Calculation is based on 20% flat rate and is not dependent on the income tax bracket you belong to. You can adjust the basic exemption limit of Rs. 2.5 lakh and Rs. 4 Lakh respectively with old and new tax regime
Marginal Relief in New Tax Regime.. You get marginal relief when taxable income is slightly above 12 lakh in FY 2025-26. Check examples and video..
Download Income Tax Calculator FY 2025-26 Excel.. Provide Income, Investments and TDS Amounts to calculate Income Tax based on Old and New Tax Regime..
How to Choose between Old and New Tax Regime.. The tax slab rates of new tax regime are low compared to old tax regime, but you get maximum deductions in old tax regime
Income Tax Calculation Examples.. Understand old tax regime and new tax regime slab rates with examples of income tax calculation, tax rebate
Marginal Relief in New Tax Regime is a relief for small tax payers to pay less tax when actual income tax is more than the income above Rs. 7 lakh
Download Senior Citizen Income Tax Calculator FY 2024-25 Excel.. Provide Income, Investments and TDS to calculate Income Tax based on Old / New Tax Regime..