Free views, likes and subscribers at YouTube. Now!
Get Free YouTube Subscribers, Views and Likes

How to calculate income tax in New Tax Regime | FY 2023-24

Follow
THINKING TAMIZHA

How to calculate income tax in New Tax Regime

5 Steps to calculate income tax
1. Identify income sources
2. Calculate exemptions and deductions
3. Calculate Net Taxable income
4. Calculate Tax as per tax slabs
5. Finalize tax apply CESS, Surcharge, Rebate

How to select old or new tax regime tamil?    • New Tax Regime vs old Tax Regime  Bu...  

EXCEL CALCULATOR LINK (DOWNLOAD THE EXCEL FILE IN YOUR PC AND USE IT DO NOT EDIT DIRECTLY IN BROWSER) APPLICABLE FROM FY202324 ONWARDS (Based on BUDGET 2023)
https://docs.google.com/spreadsheets/...
Know about FORM 16    • Everything about Form 16 | Income Tax...  
Watch our income tax series Calculation, old vs new tax regime, HRA, Income tax savings, Section 80C and more:    • HOW TO CALCULATE INCOME TAX STEP BY S...  
How to read your Payslip    • Understand your PAYSLIP | with examp...  
Difference between CTC vs Gross vs Net Pay    • Why InHand Salary is less than CTC? ...  
HRA exemption    • How to calculate House Rent Allowance...  
Penalty on Late payment of Income tax    • High interest rate on delayed Income ...  
HRA exemption    • How to calculate House Rent Allowance...  
Important documents need to file Income Tax Returns    • 5 IMPORTANT DOCUMENTS REQUIRED TO FIL...  
Why do you need to file IT    • WHY SHOULD YOU FILE INCOME TAX RETURNS  
Complete details on 80C:    • Section80Cஇல் 14 வழிகளில் முதலீடு செ...  
EPF in Tamil:    • Employee Provident Fund in Tamil | EP...  
PPF in Tamil:    • Public Provident Fund  PPF in Tamil ...  
NPS in Tamil:    • NPS is Tamil | National Pension Syste...  
ULIP/LIC & money back plans:    • What is ULIP and Guaranteed return pl...  
ELSS:    • ELSS  Equity Linked Savings Scheme i...  
Sukanya Samriddhi Yogana:    • Sukanya Samriddhi Yojana in Tamil | B...  
Comparison of 80C:    • Section 80C   Comparison of all inves...  

posted by e2ny1ajzn