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TAX Estimation-1

The document outlines the tax calculations for the financial years 2024-25 and 2025-26, detailing gross salary, deductions, taxable income, and total tax liabilities. It includes tax slabs and rates for both years, indicating how the tax rates change with income levels. Additionally, it presents the benefits of existing tax rates for various income brackets.
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0% found this document useful (0 votes)
62 views2 pages

TAX Estimation-1

The document outlines the tax calculations for the financial years 2024-25 and 2025-26, detailing gross salary, deductions, taxable income, and total tax liabilities. It includes tax slabs and rates for both years, indicating how the tax rates change with income levels. Additionally, it presents the benefits of existing tax rates for various income brackets.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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F Y 2024-25 F Y 2025-26 Benefits

Net
Gross Standard of
Taxble
Salary Deduction Total tax Rebate Cess Total Total tax Rebate Cess Total existing
Income
on Income U/A 87A @4% tax on Income U/A 87A @4% tax rates

775000 75000 700000 20000 20000 0 0 15000 15000 0 0 0


800000 75000 725000 22500 0 900 23400 16250 16250 0 0 23400
825000 75000 750000 25000 0 1000 26000 17500 17500 0 0 26000
850000 75000 775000 27500 0 1100 28600 18750 18750 0 0 28600
875000 75000 800000 30000 0 1200 31200 20000 20000 0 0 31200
900000 75000 825000 32500 0 1300 33800 22500 22500 0 0 33800
925000 75000 850000 35000 0 1400 36400 25000 25000 0 0 36400
950000 75000 875000 37500 0 1500 39000 27500 27500 0 0 39000
975000 75000 900000 40000 0 1600 41600 30000 30000 0 0 41600
1000000 75000 925000 42500 0 1700 44200 32500 32500 0 0 44200
1025000 75000 950000 45000 0 1800 46800 35000 35000 0 0 46800
1050000 75000 975000 47500 0 1900 49400 37500 37500 0 0 49400
1075000 75000 1000000 50000 0 2000 52000 40000 40000 0 0 52000
1100000 75000 1025000 53750 0 2150 55900 42500 42500 0 0 55900
1125000 75000 1050000 57500 0 2300 59800 45000 45000 0 0 59800
1150000 75000 1075000 61250 0 2450 63700 47500 47500 0 0 63700
1175000 75000 1100000 65000 0 2600 67600 50000 50000 0 0 67600
1200000 75000 1125000 68750 0 2750 71500 52500 52500 0 0 71500
1225000 75000 1150000 72500 0 2900 75400 55000 55000 0 0 75400
1250000 75000 1175000 76250 0 3050 79300 57500 57500 0 0 79300
1275000 75000 1200000 80000 0 3200 83200 60000 60000 0 0 83200
1300000 75000 1225000 85000 0 3400 88400 63750 0 2550 66300 22100
1325000 75000 1250000 90000 0 3600 93600 67500 0 2700 70200 23400
1350000 75000 1275000 95000 0 3800 98800 71250 0 2850 74100 24700
1375000 75000 1300000 100000 0 4000 104000 75000 0 3000 78000 26000
1400000 75000 1325000 105000 0 4200 109200 78750 0 3150 81900 27300
1425000 75000 1350000 110000 0 4400 114400 82500 0 3300 85800 28600
1450000 75000 1375000 115000 0 4600 119600 86250 0 3450 89700 29900
1475000 75000 1400000 120000 0 4800 124800 90000 0 3600 93600 31200
1500000 75000 1425000 125000 0 5000 130000 93750 0 3750 97500 32500
1525000 75000 1450000 130000 0 5200 135200 97500 0 3900 101400 33800
1550000 75000 1475000 135000 0 5400 140400 101250 0 4050 105300 35100
1575000 75000 1500000 140000 0 5600 145600 105000 0 4200 109200 36400
1600000 75000 1525000 147500 0 5900 153400 108750 0 4350 113100 40300
1625000 75000 1550000 155000 0 6200 161200 112500 0 4500 117000 44200
1650000 75000 1575000 162500 0 6500 169000 116250 0 4650 120900 48100
1675000 75000 1600000 170000 0 6800 176800 120000 0 4800 124800 52000
1700000 75000 1625000 177500 0 7100 184600 125000 0 5000 130000 54600
1725000 75000 1650000 185000 0 7400 192400 130000 0 5200 135200 57200
1750000 75000 1675000 192500 0 7700 200200 135000 0 5400 140400 59800
1775000 75000 1700000 200000 0 8000 208000 140000 0 5600 145600 62400
1800000 75000 1725000 207500 0 8300 215800 145000 0 5800 150800 65000
1825000 75000 1750000 215000 0 8600 223600 150000 0 6000 156000 67600
1850000 75000 1775000 222500 0 8900 231400 155000 0 6200 161200 70200
1875000 75000 1800000 230000 0 9200 239200 160000 0 6400 166400 72800
1900000 75000 1825000 237500 0 9500 247000 165000 0 6600 171600 75400
1925000 75000 1850000 245000 0 9800 254800 170000 0 6800 176800 78000
1950000 75000 1875000 252500 0 10100 262600 175000 0 7000 182000 80600
1975000 75000 1900000 260000 0 10400 270400 180000 0 7200 187200 83200
2000000 75000 1925000 267500 0 10700 278200 185000 0 7400 192400 85800
2025000 75000 1950000 275000 0 11000 286000 190000 0 7600 197600 88400
2050000 75000 1975000 282500 0 11300 293800 195000 0 7800 202800 91000
2075000 75000 2000000 290000 0 11600 301600 200000 0 8000 208000 93600
2100000 75000 2025000 297500 0 11900 309400 206250 0 8250 214500 94900
2125000 75000 2050000 305000 0 12200 317200 212500 0 8500 221000 96200
2150000 75000 2075000 312500 0 12500 325000 218750 0 8750 227500 97500
2175000 75000 2100000 320000 0 12800 332800 225000 0 9000 234000 98800
2200000 75000 2125000 327500 0 13100 340600 231250 0 9250 240500 100100
2225000 75000 2150000 335000 0 13400 348400 237500 0 9500 247000 101400
2250000 75000 2175000 342500 0 13700 356200 243750 0 9750 253500 102700
2275000 75000 2200000 350000 0 14000 364000 250000 0 10000 260000 104000
2300000 75000 2225000 357500 0 14300 371800 256250 0 10250 266500 105300
2325000 75000 2250000 365000 0 14600 379600 262500 0 10500 273000 106600
2350000 75000 2275000 372500 0 14900 387400 268750 0 10750 279500 107900
2375000 75000 2300000 380000 0 15200 395200 275000 0 11000 286000 109200
2400000 75000 2325000 387500 0 15500 403000 281250 0 11250 292500 110500
2425000 75000 2350000 395000 0 15800 410800 287500 0 11500 299000 111800
2450000 75000 2375000 402500 0 16100 418600 293750 0 11750 305500 113100
2475000 75000 2400000 410000 0 16400 426400 300000 0 12000 312000 114400
2500000 75000 2425000 417500 0 16700 434200 307500 0 12300 319800 114400
2525000 75000 2450000 425000 0 17000 442000 315000 0 12600 327600 114400
2550000 75000 2475000 432500 0 17300 449800 322500 0 12900 335400 114400
2575000 75000 2500000 440000 0 17600 457600 330000 0 13200 343200 114400

Tax Slab For FY 2024-25 Tax Rate Tax Slab For FY 2025-26 Tax Rate
Below 3 lakh 0 Below 4 lakh 0
Rs 3-7 lakh 5% Rs 4-8 lakh 5%
Rs 7-10 lakh 10% Rs 8-12 lakh 10%
Rs 10-12 lakh 15% Rs 12-16 lakh 15%
Rs 12-15 lakh 20% Rs 16-20 lakh 20%
Over Rs 15 lakh 30% Rs 20-24 lakh 25%
Over Rs 24 lakh 30%

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