Tax hub
Indian Tax Hub
Comprehensive information about Indian tax laws, regime comparison tools, and tax-saving strategies.
Enhanced Tax Regime Comparison Tool
Compare the old and new tax regimes with detailed breakdown and step-by-step calculation.
Indian Tax Information
Essential information about tax slabs, deductions, and important dates.
Old Tax Regime Slabs (FY 2023-24)
| Income Range | Tax Rate |
|---|---|
| ₹0 - ₹2,50,000 | 0% |
| ₹2,50,001 - ₹5,00,000 | 5% |
| ₹5,00,001 - ₹10,00,000 | 20% |
| Above ₹10,00,000 | 30% |
New Tax Regime Slabs (FY 2023-24)
| Income Range | Tax Rate |
|---|---|
| ₹0 - ₹3,00,000 | 0% |
| ₹3,00,001 - ₹6,00,000 | 5% |
| ₹6,00,001 - ₹9,00,000 | 10% |
| ₹9,00,001 - ₹12,00,000 | 15% |
| ₹12,00,001 - ₹15,00,000 | 20% |
| Above ₹15,00,000 | 30% |
Popular Deductions (Old Regime)
- Section 80C: Up to ₹1,50,000 (PPF, ELSS, Life Insurance)
- Section 80D: Up to ₹25,000 (Health Insurance)
- Section 80EE: Up to ₹2,00,000 (Home Loan Interest)
- Section 80CCD(1B): Up to ₹50,000 (NPS)
- HRA: As per calculation
- Standard Deduction: ₹50,000
Important Tax Dates
- ITR Filing Deadline: July 31, 2024
- Advance Tax Q1: June 15, 2023
- Advance Tax Q2: September 15, 2023
- Advance Tax Q3: December 15, 2023
- Advance Tax Q4: March 15, 2024
- TDS Certificate: May 15, 2024
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