This document is a ready reckoner that compares income tax for the Financial Year 2020-21. It details tax payable under both the existing and new tax regimes for individuals across different age groups (below 60, 60-79, and above 79 years). The comparison includes various income levels and deduction scenarios, making it a useful tool for taxpayers to understand their potential tax liabilities. It's a free download for anyone needing to assess their income tax for that specific financial year.