Optimize your financial planning by understanding the difference between old and new income tax slabs. Our 5-minute video simplifies the 2023 tax slabs, illustrating how income tax is calculated in the new vs old regimes with examples.
In the new vs old income tax slabs, enjoy tax-free income up to Rs 7.5 lakh, including a Standard Deduction of Rs 50,000—contrasting with Rs 5.5 lakh under the old regime.
For effective income tax planning, leverage the ET Money Income Tax Calculator - [ Ссылка ]
#IncomeTaxCalculation #NewvsOldTaxSlabs
ET Money Income Tax Calculator: [ Ссылка ]
--
CHAPTERS
00:00 Introduction
00:38 Income Tax Slab Rates for FY 2023-24
01:08 Old Tax Regime Includes
01:29 New Tax Regime Includes
02:07 Tax Slabs in New and Old Regime
02:45 What are the Tax Slab Rates?
04:11 How is Income Tax Calculated?
06:28 Conclusion
