This Excel Utility has been made available to compare Income tax under Old regime and income tax under New regime U/s 115BAC.
So there is obvious question which scheme is beneficial for me whether Old or New. I hope Everyone know what is old scheme and New scheme. I am below here putting Tax rates under both regimes.
Excel Link :
Hope it helps to understand you how to calculate tax. We will Not ask you to subscribe our website. We are attaching herewith Excel sheet of “Income Tax Calculator” for your reference. It is open sheet even you can make changes in it if you know taxation very well. And if you have suggestions, you can let us know. It will be helpful for everyone.
