Taxgyany

Calculate tax on 15 lakh income old vs new regime

For Rs 15 lakh annual income in FY 2026-27 (AY 2027-28), tax differs sharply between regimes, ignoring deductions/surcharge/cess (4% health & education cess applies to both). New regime offers big savings without exemptions. https://taxgyany.com/ Tax Calculation: Old Regime Assumes basic structure (standard deduction Rs 50,000 not factored here; taxable income Rs 14.5 lakh). Slab (Rs) Taxable … Read more

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