FY 2024-25 · New Regime
Updated for budget 2024 slabs, Section 87A rebate, and 4% health & education cess. Works best for salary + business income under the new regime.
Total tax payable
₹85,800
Includes 4% health & education cess
Taxable income
₹11,50,000
Base tax
₹82,500
Section 87A rebate
-₹0
Effective tax rate
7.15%
Monthly in-hand
₹92,850
Cess
₹3,300
Slab breakdown
Up to ₹3.00L
Taxed amount: ₹3,00,000
0%
Tax: ₹0
₹3.00L - ₹6.00L
Taxed amount: ₹3,00,000
5%
Tax: ₹15,000
₹6.00L - ₹9.00L
Taxed amount: ₹3,00,000
10%
Tax: ₹30,000
₹9.00L - ₹12.00L
Taxed amount: ₹2,50,000
15%
Tax: ₹37,500
Considering the old regime or presumptive taxation? Book a paid consult for a personalised comparison.
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