Income Tax Calculator Ay 2024 25 Lakhs. Discover deductions, exemptions, and plan your finances for optimal tax savings. Income tax calculator is a useful tool to determine tax liability with respect to income tax slabs and deductions available.

(1) the enhanced surcharge of 25% & 37%, as the case may be, is not levied, on dividend income or income chargeable to tax under sections 111a, 112, 112a. Check steps to file income tax and know how much tax you must pay on your salary.