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How to calculate income tax in New Tax Regime | FY 2024-25

How to calculate income tax in New Tax Regime 5 Steps to calculate income tax 1. Identify income sources 2. Calculate exemptions and deductions 3. Calculate Net Taxable income 4. Calculate Tax as per tax slabs 5. Finalize tax - apply CESS, Surcharge, Rebate How to select old or new tax regime tamil? -    • New Tax Regime vs old Tax Regime - Bu...   EXCEL CALCULATOR LINK - (DOWNLOAD THE EXCEL FILE IN YOUR PC AND USE IT - DO NOT EDIT DIRECTLY IN BROWSER) - APPLICABLE FROM FY2023-24 ONWARDS (Based on BUDGET 2023) https://docs.google.com/spreadsheets/... Know about FORM 16 -    • Everything about Form 16 | Income Tax...   Watch our income tax series - Calculation, old vs new tax regime, HRA, Income tax savings, Section 80C and more:    • HOW TO CALCULATE INCOME TAX STEP BY S...   How to read your Payslip -    • Understand your PAY-SLIP | with examp...   Difference between CTC vs Gross vs Net Pay -    • Why In-Hand Salary is less than CTC? ...   HRA exemption -    • How to calculate House Rent Allowance...   Penalty on Late payment of Income tax -    • High interest rate on delayed Income ...   HRA exemption -    • How to calculate House Rent Allowance...   Important documents need to file Income Tax Returns -    • 5 IMPORTANT DOCUMENTS REQUIRED TO FIL...   Why do you need to file IT -    • WHY SHOULD YOU FILE INCOME TAX RETURNS   Complete details on 80C:    • Section-80Cஇல் 14 வழிகளில் முதலீடு செ...   EPF in Tamil:    • Employee Provident Fund in Tamil | EP...   PPF in Tamil:    • Public Provident Fund - PPF in Tamil ...   NPS in Tamil:    • NPS is Tamil | National Pension Syste...   ULIP/LIC & money back plans:    • What is ULIP and Guaranteed return pl...   ELSS:    • ELSS - Equity Linked Savings Scheme i...   Sukanya Samriddhi Yogana:    • Sukanya Samriddhi Yojana in Tamil | B...   Comparison of 80C:    • Section 80C   Comparison of all inves...