Tax Calculator New Regime Vs Old Regime. The calculator will highlight the total tax payable under each regime, showing how the lack of deductions in the new regime compares against the potentially lower tax rates versus. Income tax calculator the income tax department has launched a tax calculator for the taxpayers in order to assist them in choosing wisely between the.
Taxpayers cannot claim most deductions and exemptions available under the old. Income tax calculator to know the taxes to be paid for a given income and to compare old vs new tax regimes (scheme) for it declaration with your employer or to know your tax.