New Income Tax Calculation 2024-25 | Tax Slab Rates for Old & New Tax Regime

[@fincalc]

Correction: 8 Lakh income will have Rs. 23,400 tax. Updated the calculators Update: Marginal Relief & Tax Rebate changes here: kzbin.info/www/bejne/aZLLfXymjc-Vosk Income Tax Calculator: fincalc-blog.in/income-tax-calculator/ JOIN Telegram Group: t.me/fincalc_tv_channel

[@Rahul-or9hr]

Sir is new tax regime calculator updated with new slabs rate in your website calculator?

[@andrewsam1560]

Bhai website to load hi nhi ho pa rhi hai

[@bikramjitray7496]

Iss Application me New Tax Regime ka standard deduction 50000 show kar raha hai !!! Isko thik kijiye...

[@rajs6138]

Hello, new tax regime mein, aap ne 8L ka tax jo calculate kiya hai woh galat hai, ater std deduction amount 7,25000, jis ka tax 23,400 hona chahiye, dubara chech karein,

[@praveen1ist]

NPS me 50000 add kr skte hai investment me new tax regim me

[@pushpendrabhai9499]

सर आपका ज्ञान बहुत ही अतुलनीय है, आपसे विडिओ में बहुत कुछ सिखने को मिला उसके लिए धन्यवाद

[@fincalc]

thank you bhai

[@souravdatta4166]

best analyzed income tax video after the budget. I was just looking for this video as I am a salaried person with a income of between 5 to 7 lpa. Some people were saying we have to pay if we have an income above 3 lpa. Thanks for the clarification. Many people still does not know about the 87A rebate.

[@fincalc]

good to hear that the video helped you. share with your friends and groups :)

[@kamleshdhruw9743]

Superb, very useful video. I was not able to understand old tax regime and new tax regime before watching this video. After watching your video, I understood everything clearly now. Thank you very much. 😊

[@fincalc]

welcome, please share and subscribe for more such videos

[@Itprofessional1992]

great useful video with excellent information

[@fincalc]

thanks, please subscribe for more such videos

[@SRDsVlogs]

I think FIn Minister ne kaha if you opt for new tax regime then only you will get 75000 Standard deduction. If opting for old tax regime standard deduction will be 50000

[@fincalc]

yes right, for salaried employees in FY 2024-25 new tax regime - Rs. 75,000 standard deduction old tax regime - Rs. 50,000 standard deduction

[@shyamphulase9721]

Very good presentations Thanks sir❤

[@fincalc]

welcome

[@tusharpatil4245]

Was waiting for your video😊

[@fincalc]

Hope you enjoyed it!

[@fatehazam4563]

Good information in simple way

[@fincalc]

thanks, please subscribe for more such videos

[@pritpalSingh-pe8cc]

Mae aksar aap ka video dekhta hoon ,aap bahut achhe se samjhate ho as compared to others thanks.

[@fincalc]

thanks and welcome. dosto ke sath share karo :)

[@zacelger4155]

this is for salary account or savings account ?? becuzz in savings account there is cash deposit limit of rupees 10 lakh in one financial year but in this video it shows 3-7lakh income tax is included plzz make a detailed comparison on income tax limits between salary and savings account

[@saqsir3976]

First time aisee videe dekhee hai

[@fincalc]

great

[@s.gsrikumar1459]

Sir great presentation. However please check the tax calculation for an income of Rs 776119. I think the calculation of tax of the above amount is not coming correctly as per new regime. Please Please check and let me know

[@VBdelhi0007]

Sir long term capital gain may kya ab sub ko tax dayna hoga? Agar may increase huya sara paise dobara property may with in a year investment karun to tab bhi tax lagayga? Please bataye. Before 12 years may na 20 Lakh ki property purchase ki thi or ab 60 lakh ki sale kar raha hum to ky 40 lakh per 12.5% tax dayna ho? Ya 40 lakh dobara invest karnay per nahi lagayga. Please guide karay

[@fincalc]

agar 40 lakh ko invest nahi karoge to 12.5% ke hisab se long term capital gains tax dena padega. isko reinvest karne pe shayad tax save ho sakta hai, but check karna padega kaha reinvest kar sakte ho

[@Kidsnhappyness]

Very good explanation 😊

[@fincalc]

Glad it was helpful!

[@purushottamtiwari]

उत्तम प्रयास

[@fincalc]

thanks

[@Atulkap]

आपने बहुत अच्छा बताया हैं धन्यवाद 👍👍 हम सीनियर सिटीजन हैं ITR 2 भरना होगा क्योंकि पेंशन इनकम और सिक्योरिटी sale /purchase म्यूच्यूअल fund हैं क्या उसका वीडियो बना सकते हैं और कोई यैसा भी calulater आपने हम लोगों की मदद का बनाया अगर हाँ प्लीज प्रोवाइड लिंक कैलकुलेटर धन्यवाद

[@pankajsingh1346]

Sir pf and nps me 1.50lakh maximum side me ham dal sakte hai ya jo company ke latter me ho vahi dalna hota hai

[@lmsharma1910]

Company salary mey pf employee aur employer aur employee dono ka, gratuity, kaat deti hai phir salary Bank pahunchti hai. Toh tax total par katega ya bank amount par?

[@snsharma6589]

You are highly qualified person. I am a retd commissioner. Take my example. Suppose pension 6.5 lacs. F.d. int. 1.5 lacs. Total 8.0 lacs savings in 80c ppf 1.5 lacs. Work out and tell which is better. Do not be fool people.

[@ZaaraKhaaraMarakaMara]

Uncle fd ko aapke kisi family member jiska koi income nahi hai unke name par kar dijiye 1.5 lakhs par 0 tax hoga baki 6.5 lakhs ka bhi 0 hi hoga tax after standard deduction

[@Neerajgandotra47]

Bilkul sahi

[@trailblazer830]

Uncle in any case old tax regime is best if you are earning more than 7 lakh including all capital investment interest. Without a doubt go for old tax regime if you have investments under different sections.

[@Dvr_24]

@@trailblazer830No, it’s not right. If u have saving in 80C 80ccd1b, section10(13) & home loan interest then only old regime is beneficial

[@trailblazer830]

@@Dvr_24 that's what I am saying bro, new tax regime has no option to show your investments though tax rates are less under this regime but that is only for attracting more people towards this regime.

[@StockGyan]

Kya FD se aane wala interest bhi income me Count hota hai ??????

[@sheetalchaudhary340]

Income tax CTC pr calculate hota hai ya monthly salary me 12 ka multiple krke 1 year ki income par tax calculate hota hai ?

[@Jazz-0-7]

💯Agar investments zyada na ho and income 6.50lakh - 7.0 lakh ke beech hai that too in case of ITR -4 as I feel that form because I am an advocate then uss case mai which regime will be better in my case ?? Quick response will be highly appreciated . I hope you reply soon 🙂

[@divyasaipoli1317]

I have a doubt now if we are taking new tax regime next year do we option for to select for old regime

[@pra_veen8711]

hi, thanks for making such videos to enhance our financial knowledge. while i was using your shared excel sheet, found its not matching the tax calculation from the one you shown on your blog page. kindly fix the same. and share the updated/modified excel sheet. Thanks once again !

[@fincalc]

what changes did you find? can you provide the numbers you checked for?

[@SANTHOSHKUMARKNAIR]

Hello sir, Very nice informations. Can you please suggest the tax exemption for package of 25 lakhs per annum in India.. Metro city ..

[@fincalc]

watch this video on saving income tax: kzbin.info/www/bejne/ZmSQdJaFbcqlfdE

[@rajnishsahni6588]

Sir ji new tax regime me agar taxable income 700000 se neeche ho to 25000 ka tax rebate milega na.

[@fincalc]

yes 20000 ka tax rebate milega. ye video dekho: kzbin.info/www/bejne/aZLLfXymjc-Vosk

[@pauldundigalla]

Will the new tax slabs apply for this financial year or will they apply from next year??

[@fincalc]

For FY 2024-25 (April 2024- March 2025)

[@pauldundigalla]

@@fincalc okay thank you!

[@vinitasharma-pt7in]

Can you please let me know when the new standard deduction 75K will start ?

[@fincalc]

Fy 2024-25 se start hoga

[@Kirat3600]

Sir, bank ko kaise pta chalta hai ki customer ki financial income 2.5 lakh se above bank mein deposit ho chuki hai...? Kya bank year ke end mein customer ki income calculation karta hai...aur income tax department ko batata hai ki customer ki year income 2.5 lakh se jayada hai...aur इस customer ne itr nhi bhari...?

[@shatrughanrajak9547]

Thanks for your new tax regime idea

[@fincalc]

welcome

[@sachinrode5206]

Useful video ❤🎉 nice information ❤🎉

[@fincalc]

thanks

[@narenmotha1764]

5lk par Kitna tax, new tax regim me,bank interest ka deduction milega kya

[@ashishsharma4853]

Par old tax regime me, investment bhi acha khasa karna padega, at least 3.5 lakhs I guess, jisse in hand salary/income kam ho jaaegi. Phir monthly budget bigad jaaega.

[@fincalc]

yes old regime me investment options ke benefits milenge, but plan karna hoga finances

[@Dvr_24]

Yes, here are it is 1. 80C-1.5L 2.80CCD1(b)-50 Th 3.HRA10(13)-for metro it is 50% & non metro city 40%of basic subjected to minimum whatever you paid or 40/50% of basic 4.80E - interest of education loan 5.Interest of house loan max to 2L 6.health insurance max 25Th तो इतना करना हो तो २५ लाख होम लेना पड़ेगा । किराए के घर में रहना पड़ेगा एडुकेसन लोन लेना पड़ेगा Health पॉलिसी लेनी होगी

[@gopinathanmalappangat864]

is this aplicable for present financial year or next

[@fincalc]

for FY 2024-25 which is between april 2024 to march 2025

[@namits-cine_visuals]

I had suggested you to write maximum deduction limit to all sections. But still you didn't add. & should add nps deduction for new regime

[@fincalc]

check this video for all deductions with limits: kzbin.info/www/bejne/bmG2dGSmepKBrKM

[@subhankarroychowdhury]

Brother what regime will be better for my father who is 70 now and a pensioner and annually income as like 480000, has one F.D

[@AWM_Ripper]

Mujhe bhot confusion hai annual salary 425000 hai ab mujhe yad nh ke form bharte waqt Maine konsa tax regime select Kiya tha or dusri bat incentives add hota hai jo every month add hota hai salary mei ??

[@sunilghorpade1682]

Mutual fund , LIC , PPF Medical Insurance & NPS + HRA rented house etc. Limittaion in investment Please explain in details

[@fincalc]

watch this vide for all investment options for deductions kzbin.info/www/bejne/bmG2dGSmepKBrKM

[@rakeshkumarsahoo7198]

Hii Brother 13 Lack Income pe kitna tax dena pad ta hai plz calculate Salary person

[@bhaskarsamanta999]

In new tax regime fy 24-25 tax free income 825000 after rebate 25000.Is that true?

[@fincalc]

not exactly. watch this video to understand with examples: kzbin.info/www/bejne/aZLLfXymjc-Vosk

[@pradipbose5311]

What will be the option for saving tax in new regime? If can guide.

[@trailblazer830]

No options if you are earning more than 7 lakh per annum

[@fincalc]

Only standard deduction of 75k available for now

[@bhagyashreedas4381]

Yh annual income CTC me count hoya h ya inhand salary se?

[@vikulkumar931]

For FY24-25: Original return files in old regime, want to file revise return in new regime. can we do that. ITR4 Form

[@syedinayat8319]

Bhai hal me hi gher walo ne karib 3 lakh bana tha to total income kitna hoga andaza bata skte ho muje idea nai

[@khemarajsonawane9450]

While calculating I.T. on 800000 you should not consider section 87a rebet properly.PL GUIDE.

[@priyaranjanmishra75]

Hi , kindly update the income tax calculator in new tax regime as per the latest budget

[@fincalc]

app update is in process. stay tuned

[@skmdafsar9408]

My dear friend please clarify me that Rebate u/s 87A under new regime for 2024-25 kithna hi? Nahi bathaya. Please bathayuye.

[@fincalc]

check this video to understand tax rebate and marginal relief in new tax regime: kzbin.info/www/bejne/aZLLfXymjc-Vosk

[@artwithartist1012]

Total income means??? Annual CTC ya annual In-hand??

[@viveks6411]

Rebate under sec 87a milega ya nhi new regime me

[@simranjeetsingh4357]

Milega 7 lakh

[@fincalc]

milega. ye video dekho examples ke sath: kzbin.info/www/bejne/aZLLfXymjc-Vosk

[@bongdvlogger3304]

Is marginal deduction allowed upto 7 lakh still available in new regime?

[@fincalc]

yes. watch this video: kzbin.info/www/bejne/aZLLfXymjc-Vosk

[@thisizamit]

Calculations based on slab wise not income base slab Example- if some one annual income is 800000 then 75000 deductions means 725000 taxable 3L-7L--20000(5%) Rest 25000(10%)-2500 Edn cess4%-900 Total tax-23400 not 26000

[@freeearning123]

20lakh income pe kitna tax lagega please explain

[@kaushalpant3545]

745000 anual income n Koi tax lgega kya?

[@thisizamit]

@@kaushalpant3545 no

[@reenarodrigues8976]

So this new tax slab will ve benifit for people having 10lpa?

[@fincalc]

Not exactly, if we consider deductions with old tax regime Check this video to understand more kzbin.info/www/bejne/oJPJemdvpseYhc0si=fwWqwbdp07cyqrW3

[@Mathstudycircle]

New tax reg. Me NPS ko 50000 rebate milega ki nahi.

[@amarkrishnaroy1367]

I am retiring 31-01-2025. How can I file IT return, as a general or senior citizen? I shall get only for ane month pension for FY2024-2025.

[@saikatmulo6038]

Will my capital gains below ₹5 lakh be taxed if I have no other income?

[@srbhanja]

i have the same doubt

[@fincalc]

Tax will be calculated as per stcg or ltcg rates.. and if this tax is more than the tax rebate 87a limit than the difference amount will have to be paid as tax

[@Shailesh9200]

Sir ye new tax slab kab se lagu hoga, abhi se ya fir next year se

[@akashrastogiofficial]

Next

[@anilgupta5447]

In fincalc app 30 percent is showing under 25% under new regime which is not correct.please rectify it.

[@livebiology1562]

IT gross salary ya NET salary k upor calculate hota hain?

[@fincalc]

gross salary me se taxable income calculate karke IT calculate hota hai ye video dekho: kzbin.info/www/bejne/mprNXqdmbrSVaZY

[@livebiology1562]

@@fincalc tab toh Govt NPS share+ Self NPS share milake taxable amount Jada ho jayega sir

[@Bollywood1199]

Bhaii pr months 20k salary hai. Yearly Kitna tex Hoge plz batao bhai

[@narendermalik3490]

10.40 lacs ki income pe new tax resime pe Kitna tax hoga pl.tell.

[@superpaul2822]

You have not mentioned about the tax return of super senior citizens.🎉🎉

[@swamyreddyp5132]

U/s 87A ...rebate claim,or not claim FYI 2024_25 .

[@piyalidas820]

Sir is it same for senior citizens monthly pensioner .??? Plz tell. Me🙏🙏🙏

[@fincalc]

new tax regime is same for all age groups

[@mr.rachetphilanthrophist601]

Sir ek doubt hai: in 8 lakh example, under New tax regime(NTR) after 75k deduction, 7.25lakh. Then according to calculation 20k + 2.5k =22.5k tax liability aa rahi. Par aapne kaha 7 lakh ke upar hee tax ayega, Iske neeche zero. Ye samajh nhi aaya?Please tell how 25k tax liability(Surcharge hataa ke) came on 8 lakh income under NTR.

[@bkkaushik1326]

Yes, it will be 22.5k

[@bhaskarsamanta999]

22.5k tax wouldnot be given due to 87A rebate

[@ayansohel883]

Kya ye next salary me effect krega

[@fincalc]

April 2024 se March 2025 ki income pe applicable hai

[@niladribanerjee2821]

Bhai Aaj wala budget me jo new tax regime me chut mila wo isi saal milega...ye 24-25 hi chal rha hai na?

[@fincalc]

FY 2024-25 me applicable hai

[@bhimashankarchougule5784]

Thanks sir

[@fincalc]

Welcome

[@rkt.07]

8.4 lpa par kitna income tax lgega sir bataiye???

[@fincalc]

calculator use karo link: fincalc-blog.in/income-tax-calculator/

[@viewmyway]

just now calculated my dad's income tax calc, its showing something in ur calc but something else in income tax website calculator. WHY?? His pension yrly is 263711, interest on fd 50000, and if he has stcg of 4lacs ur website is showing no tax on new regime and Rs44451 on old regime, but income tax website is showing old regime 56740/- and new 62400/-

[@anantparayane927]

I am a retired senior citizen . My total income is 800000/- while filling it return for fy 2023-24 I have been allowed ₹ 150000 /- U/S 80C & ₹50000/-TTB Only but standard deduction of ₹50000/- IS denied under old resume what is the reason? ऍपल explain. थँक्स

[@fincalc]

if income is from pension that std. deduction should be allowed

[@naviryzen7935]

icome tax site pe ₹ 15,000 + 10% above ₹ 6,00,000 , ₹ 45,000 + 15% above ₹ 9,00,000 asie slabs likhi hai to ye 15+45 dena pde ga extra?

[@yasinvaja6064]

Share market ka profit ke tax kese bachaye ? Govt .rule follow karke

[@rakshithbs4687]

I am having 9lk salary can you suggest best regime for it and advice investment for it.

[@Rahul-h4e]

New

[@kheemsingh1468]

790000 pr new tax regime m kitna tax banega sir

[@ss-cw6he]

Meri income 3.3 Lakh hai. Bank m aati hai salary. Kya karna padega mujhey Mainey pichley 2.5 saal sey kuch bhi ITR vagera nhi kara hai. 😅hota kya hai mujhey to yehi nhi pata

[@vamshigoud9922]

Same bro me 2 also

[@sdamodar5493]

Brother is TDS and income tax are same

[@singupalliravi]

I would go with Old Regime as I have some investments

[@fincalc]

good

[@PrashantKumar-bh8zn]

Thank u sir

[@fincalc]

Welcome

[@subhankarroychowdhury]

Sir my father is a pensioner and he is 70 now, but suddenly a hefty amount has been deducted as TDS from his savings pension account. Please help me that how to get refund and will we get the 100% of the refund or not?

[@alokbakshi6001]

Have u update the Android aap as per new tax slab, please reply

[@fincalc]

not yet, work is in progress, will take some time. stay tuned.

[@DhananjayKumar-gd2qi]

Sir maine Mortage/Lap Loan liya hai to kya muje ITR mai is Loan ka Benefit milega ki nhi pls btye sir ( Deduction mai)

[@fincalc]

Old regime me home loan ka benefit milta hai

[@DhananjayKumar-gd2qi]

@@fincalc Home Loan nhi h Mortgage Loan liya Maine sir, koi bol rha h ki benifit milega Koi bol rha h Mortage Loan mai benifit nhi milta ITR mai Only Housing loan mai benifit milta h, mai Confuse hu sir ap ko proper pta h agr to pls bataye

[@VERSATILE-DEBA]

Please reply whose income less than 7 lakhs per annum their deduction amount of income tax is back if they file itr it is true or false ? Please confirm this

[@fincalc]

yes with new tax regime, the tax deducted will be refunded when income is less than 7 lakh in FY

[@VERSATILE-DEBA]

@@fincalc thank you so much

[@mahantibangarinaidu103]

Brother please correct the formula if income is less than 700000... Then result comes true

[@bapunisubudhi9465]

Sir I have a doubt now in new tax regime upto which taxable income tax is zero 750000 or 825000. Sir please clarify

[@anilkumarsharma2191]

Up to Seven lakh seventy five thousand,there is no tax in the new tax regime announced today

[@dreamer5742]

775000 no tax

[@bapunisubudhi9465]

The Slab rate also changed then upto 7 Lakh tax is 20000 then what about balance 5000 Rebate amount

[@fincalc]

up to Rs. 7,75,000 no tax with new tax regime

[@takeshwarsinghmarabi8886]

aap sahi ho total income 825000 par koi tax nahi lagega. in youtube walo ko kuch nhi ata

[@DineshSharma-du2mn]

UTube me jo information de rahe the Income Tax rebate ke liye,wo sab galat nikle . Very sad Income Tax budget. No rebate in old tax regime

[@aishwarya5208]

Hey where is deduction under 80CCD(2) (Employers contribution 14%to NPS)in new regime??

[@Kirat3600]

तो bank income tax slab के अंदर आने वाली income पर tax deduct करके income tax department ko deposit कैसे करवा देता है... अगर किसी Customer ki yearly income 2.5 lakh से ज्यादा है... तो bank tax कैसे deduct कर लेता है... मेरा Question शायद आप समझे नही... क्या bank year के end में total income calculate करता है... और जिस Customer ki income, income tax slab में आती है,bank उसका tax deduct कर लेता है...?

[@LokeshKumar-zb1yf]

Sir 24-25 mai salary 7.78 lacs banegi. Kya income tax banega or not. Plz reply

[@fincalc]

Agar deductions claim karoge to income tax save kar sakte ho Ye video dekho kzbin.info/www/bejne/oJPJemdvpseYhc0si=fwWqwbdp07cyqrW3

[@LokeshKumar-zb1yf]

@@fincalc sir as per your calculater tax will be 3120/- only. But my consultant saying it's wrong. What to do now

[@vidyadharbhat3608]

Bhai, sec 87a 25000 tax deduction available, as per, tax burden of 25000 is for income of 750000, per apne khaisa bola 7 lakh per zero tax

[@fincalc]

yes tax rebate hai. ye video dekho: kzbin.info/www/bejne/aZLLfXymjc-Vosk

[@ghatak580]

Bhai one question, trading mai loss huwa hai wo income tax mai kaise show karna hai

[@purushottamtiwari]

Sorry lekin meri samajh me Uske liye business income itr 2 sahayd use karna padega aur 3 lakh Tak ka loss carry forward kar sakte hai agle 3 sal k liye

[@tapastapas2924]

Pension मिलता हर महीना 40हजार। Tax देना पड़ेगा क्या?

[@freeearning123]

Sir online game pe 30% tax hai wo kaise calculate hoga please explain

[@vinaykumar-xf4pc]

Agar income 7.75 lakh tak hai to income tax 0 hoga kya???

[@fincalc]

yes. ye video dekho examples ke sath kzbin.info/www/bejne/aZLLfXymjc-Vosk

[@santoshsurve4287]

Home loan Interest and Home loan premium kaha show karni hai

[@fincalc]

section 80C and section 24 me

[@maheshjainitexpert6399]

Bro, how much tdx if I have 5000 RD and maturity in 10 years?

[@bankingspecial295]

Sir meri first job hai Abhi joining hui bank me Income 6 lac Mera tax lagega Kaun sa tax slab shi rhega mere liye

[@ankitsharma.ak001]

Bhai 0 tax lgega rebate ho jayega paisa wapis

[@goutamsau3787]

Gross-941008.Tax in old res. will be 46684 but your calculator is showing 29642.why?

[@umakanttiwari6975]

नये रिजीम में post office investment का क्यों काट रहें हैं। जब कि टोटल 7 lacks से कम हो रहा है।

[@AbdurRahaman-jy4ly]

Income 7.75lakh+ LTCG 1.25lakh for FY 24-25. Do I need to pay any tax or tax will be NIL ? Please let me know if anyone knows this.