Compare tax in Old Regime to New Regime for financial year 2020-2021
[Coming Financial Year]
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Estimated Annual Income # | |
Less: Exemptions / Deductions* [P Tax+Standar Deduction 50000 + 8OC + Mediclaim + HBL Interst + etc] |
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Tax Payable as per Old Regime | |
Tax Payable as per New Regime | |
Refer to the Income Tax Provisions for the actual provisions and eligibility.
Deductions are assumed to be Zero in New Regime
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