Option of new lower tax rate - 115BAC, with tax calculator

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Last updated: 16 April 2020
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This spreadsheet helps you understand the new optional tax structure introduced under Section 115BAC. It allows you to compare the old and new tax rates, considering various deductions and exemptions that are not available under the new scheme. A tax calculator is included to help you determine which tax structure is more beneficial based on your income, age, and available deductions. This resource is ideal for individuals and HUFs navigating the complexities of the new tax regime.

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XLSX 40 KB 0 downloads Income Tax
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The file analyses in brief the optional tax structure prescribed by Finance Act, 2020. It will also calculate the tax payable under old and new scheme. #xlsx
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Submitted by · Posted 16 April 2020 · Other files by MUKESH KUMAR ANDANI · Report
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