Less: Exemptions on Salary income (other than HRA) which are not allowed under New Regime (e.g. Leave travel allowance, Education allowance, Hostel allowance etc.) Less: Exemptions on Salary ...

The deduction, exemptions and other rules may be revised on the basis of the Union Budget presented for that financial year. Now, to make calculations easier for all, Income Tax Calculator can be ...

they can utilize the new income tax calculator for FY 2024-25, which is user-friendly and can provide results in just a few simple steps.