Dear Chartered persons,
Mrs Reena Jain total income is RS 850000 . now I wants to the tax computation calculation as per new tax regime under old tax regime please make an calculations
plse I need detail applicability tax calculation
10 Replies
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 04 February 2023
Please mention financial year
sabyasachi mukherjee
(27574 Points)
Replied 05 February 2023
Nature of assesse is also important salaried or self employed
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 05 February 2023
As per old it is 85800 & in new regime tax is Rs. 54600
MPR Sanjay Kumar
(3118 Points)
Replied 05 February 2023
@ honourable Rashmi Gandhi mam ,could you please show me a CALCULATION of this tax how they are calculating??? Plse mam
sabyasachi mukherjee
(27574 Points)
Replied 06 February 2023
Pls upload details of salary / income component.
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 07 February 2023
In old regime
upto 2.5 lakhs- Nil
next 2.5 lakhs-12500
next 3.5 lakhs-70000
Total 82 thousand 5 hundred + education cess 3,300= 85 thousand 8 hundred
In new regime
Upto 3 lakhs-0
Next 3 lakhs-15000
Next 2.5 lakhs-25000
Tax 40 thousand + education cess 1600 =41600
upto 2.5 lakhs- Nil
next 2.5 lakhs-12500
next 3.5 lakhs-70000
Total 82 thousand 5 hundred + education cess 3,300= 85 thousand 8 hundred
In new regime
Upto 3 lakhs-0
Next 3 lakhs-15000
Next 2.5 lakhs-25000
Tax 40 thousand + education cess 1600 =41600
MPR Sanjay Kumar
(3118 Points)
Replied 07 February 2023
@ honourable Rashmi Gandhi mam ,Hearty thanks really usefull for me....thanks...plse always guide me
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