Tax Estimate For 2025 . Also calculates your low income tax offset, help, sapto, and medicare levy. With the help of the income tax calculator, you can find out how much tax you owe after subtracting the tax exemptions, deductions and rebates.
There will be zero income tax up to an annual income of โน12 lakh under the new tax regime, fm sitharaman has announced. Under the proposed 2025 tax regime, someone earning โน25 lakh annually will pay โน3.43 lakh in total tax, compared to โน4.57 lakh under the 2024 regime.
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