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What is Income Tax Calculator? The government collects income tax on a person's income. A person, Hindu Undivided Family (HUF), business, cooperative societies, trusts and other entities are all ...

Note:The slabs and rates of tax in the 'Proposed New Tax Regime Slab Rate' column apply to taxpayers of all ages. The new income tax slab rates result in lower taxes for individuals with net ...

From April 1, 2025, there is zero tax payable on the taxable income up to Rs 12 lakh. This will happen if an individual opts for the new tax regime for FY ... Wealth's income tax calculator ...