Please can anyone assist me and let me know how much tax will be payable both under old income tax slab and new income tax slab . Till now I have not use new income tax slab option. So I can prefer anyone from it where tax liability comes lower
For Financial Year 2020-2021
Salary Income Rs 5,40,000
Short term capital gain Rs 2,61,000 from equity shares ( only delivery base and not intraday)
Section 80 C 150,000
Section 80 D Mediclaim 25,000
So I can plan accordingly right now .
Under old regime tax = 44696
under new regime tax = 57876
CAclubindia
