Can someone help to calculate tax liability in the following case
Resident salaried person with age 26 earning 8 lakhs Gross salary only no deductions are to be claimed.
Net total income after considering Standard deduction will be 7,50,000 nd Opting revised tax slabs what will be the Tax liability & rebate allowed us 87A
Please elaborate with new Tax slabs.
Visit www incometax.gov.in
On the homepage, you will find quick links under which you can find Income Tax Calculator. It will help you with your queries.
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