How to Compare new Tax Regime v/s old tax Regime on Single Page?
Under the new tax regime tax is payable at lower slab rates on the income up to Rs. 15 lakhs as compared to old regime. Under the new regime tax slabs rates of 5%, 10%, 15%, 20% and 25% are applicable on each successive increase of Rs.
2.50 lakh starting from the basic exemption of Rs.
first fill all the necessary data in Particular income Head.
Once all data
is filled completely then Go to -
TRANSACTION >> Filing Information
>> Form 10IE
Here, Check Mark
on – Applicable Section 115BAC
Once you click
on this Option Highlighted – Compare new tax regime v/s old tax regime, just
click on that button.
Here, it is
shown the comparison for new tax regime v/s old tax regime on Single page.
Hope this helps.
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