Stay informed with live updates on Income Tax Slabs for 2024-25. Explore the changes between the new vs old tax regimes, budget implications, and specific details for senior citizens and salaried employees. Get the latest news on income tax calculations and rates at news18.com
Old vs New Tax Regime Calculator: If you find yourself uncertain about which tax regime to opt for, the Income Tax Department has provided a solution by launching a tax calculator. This calculator is designed to help taxpayers determine the best option for them based on their financial information. The tax calculator will work out the calculations and recommend the most appropriate option for you. It will make it easier for you to make an informed decision about your tax liabilities under both regimes. Check out this Business Today Visual Story for a step-by-step guide on how to use the tax calculator.