
How to calculate income tax with latest tax slabs: Have taxable income above Rs 12 lakh? Know how it will be taxed under new income tax regime
If you are wondering how your income tax outgo will be calculated in the new income tax regime for the new financial year, here is an example. (AI image) New Income Tax Slabs FY 2025-26: From April 1, 2025, individuals selecting the new income tax regime for FY 2025-26 will not pay any tax on…