Final Up to date on July 23, 2024 at 1:46 pm
Finances 2024 has additional lowered the tax burden within the new tax regime. Use this free calculator to check the outdated and new tax regimes (calculations for previous new tax regime slabs are additionally out there).
This comparability desk was initially ready by Vinay Vittal, modified by Balasubrahmanyan after which by me put up funds 2024. This provides you an in depth chart of when the brand new tax regime will likely be helpful and when the outdated regime will likely be helpful.
The revised tax slab proposed within the finance bil 2024 are
Whole Revenue (Rs) Charge
As much as 3,00,000 Nil
From 3,00,001 to six,00,000 5%
From 6,00,001 to 9,00,000 10%
From 9,00,001 to 12,00,000 15%
From 12,00,001 to fifteen,00,000 20%
Above 15,00,000 30%
Word: There could also be errors within the calcualtor as it’s primarily based on our interpretaion of the Finances memorandum. Due to this fact please verify the entries fastidiously earlier than use. We’ve assumed there are not any modifications within the surcharges and different guidelines. Please contact us at freefincal AT gmail.com in case of any errors.
This can be a screenshot of the instrument.
Obtain the post-budget 2024 New Tax Regime vs Previous Tax Regime Calculator:
Do share this text with your mates utilizing the buttons under.
🔥Take pleasure in large reductions on our programs, robo-advisory instrument and unique investor circle! 🔥& be a part of our group of 5000+ customers!
Use our Robo-advisory Instrument for a start-to-finish monetary plan! ⇐ Greater than 1,000 traders and advisors use this!
New Instrument! => Monitor your mutual funds and inventory investments with this Google Sheet!
We additionally publish month-to-month fairness mutual funds, debt and hybrid mutual funds, index funds and ETF screeners and momentum, low-volatility inventory screeners.
Podcast: Let’s Get RICH With PATTU! Each single Indian CAN develop their wealth!
You’ll be able to watch podcast episodes on the OfSpin Media Buddies YouTube Channel.
🔥Now Watch Let’s Get Wealthy With Pattu தமிழில் (in Tamil)! 🔥
- Do you have got a remark in regards to the above article? Attain out to us on Twitter: @freefincal or @pattufreefincal
- Have a query? Subscribe to our publication utilizing the shape under.
- Hit ‘reply’ to any e-mail from us! We don’t provide personalised funding recommendation. We are able to write an in depth article with out mentioning your identify you probably have a generic query.
Be a part of over 32,000 readers and get free cash administration options delivered to your inbox! Subscribe to get posts through e-mail!
About The Creator
Dr M. Pattabiraman(PhD) is the founder, managing editor and first creator of freefincal. He’s an affiliate professor on the Indian Institute of Expertise, Madras. He has over ten years of expertise publishing information evaluation, analysis and monetary product improvement. Join with him through Twitter(X), Linkedin, or YouTube. Pattabiraman has co-authored three print books: (1) You might be wealthy too with goal-based investing (CNBC TV18) for DIY traders. (2) Gamechanger for younger earners. (3) Chinchu Will get a Superpower! for teenagers. He has additionally written seven different free e-books on varied cash administration matters. He’s a patron and co-founder of “Charge-only India,” an organisation selling unbiased, commission-free funding recommendation.
Our flagship course! Study to handle your portfolio like a professional to attain your targets no matter market situations! ⇐ Greater than 3,000 traders and advisors are a part of our unique group! Get readability on easy methods to plan on your targets and obtain the mandatory corpus regardless of the market situation is!! Watch the primary lecture totally free! One-time fee! No recurring charges! Life-long entry to movies! Cut back worry, uncertainty and doubt whereas investing! Learn to plan on your targets earlier than and after retirement with confidence.
Our new course! Improve your revenue by getting folks to pay on your expertise! ⇐ Greater than 700 salaried staff, entrepreneurs and monetary advisors are a part of our unique group! Learn to get folks to pay on your expertise! Whether or not you’re a skilled or small enterprise proprietor who needs extra purchasers through on-line visibility or a salaried particular person wanting a facet revenue or passive revenue, we’ll present you easy methods to obtain this by showcasing your expertise and constructing a group that trusts and pays you! (watch 1st lecture totally free). One-time fee! No recurring charges! Life-long entry to movies!
Our new e book for teenagers: “Chinchu Will get a Superpower!” is now out there!
Most investor issues might be traced to a scarcity of knowledgeable decision-making. We made dangerous choices and cash errors once we began incomes and spent years undoing these errors. Why ought to our kids undergo the identical ache? What is that this e book about? As dad and mom, what wouldn’t it be if we needed to groom one capacity in our kids that’s key not solely to cash administration and investing however to any side of life? My reply: Sound Determination Making. So, on this e book, we meet Chinchu, who’s about to show 10. What he needs for his birthday and the way his dad and mom plan for it, in addition to educating him a number of key concepts of decision-making and cash administration, is the narrative. What readers say!
Should-read e book even for adults! That is one thing that each mum or dad ought to educate their youngsters proper from their younger age. The significance of cash administration and choice making primarily based on their needs and wishes. Very properly written in easy phrases. – Arun.
Purchase the e book: Chinchu will get a superpower on your little one!
How you can revenue from content material writing: Our new book is for these concerned about getting facet revenue through content material writing. It’s out there at a 50% low cost for Rs. 500 solely!
Do you wish to verify if the market is overvalued or undervalued? Use our market valuation instrument (it’s going to work with any index!), or get the Tactical Purchase/Promote timing instrument!
We publish month-to-month mutual fund screeners and momentum, low-volatility inventory screeners.
About freefincal & its content material coverage. Freefincal is a Information Media Group devoted to offering unique evaluation, stories, critiques and insights on mutual funds, shares, investing, retirement and private finance developments. We achieve this with out battle of curiosity and bias. Comply with us on Google Information. Freefincal serves greater than three million readers a yr (5 million web page views) with articles primarily based solely on factual info and detailed evaluation by its authors. All statements made will likely be verified with credible and educated sources earlier than publication. Freefincal doesn’t publish paid articles, promotions, PR, satire or opinions with out knowledge. All opinions will likely be inferences backed by verifiable, reproducible proof/knowledge. Contact info: letters {at} freefincal {dot} com (sponsored posts or paid collaborations is not going to be entertained)
Join with us on social media
Our publications
You Can Be Wealthy Too with Aim-Based mostly Investing
Revealed by CNBC TV18, this e book is supposed that will help you ask the appropriate questions and search the proper solutions, and because it comes with 9 on-line calculators, you may also create customized options on your way of life! Get it now.
Gamechanger: Overlook Startups, Be a part of Company & Nonetheless Dwell the Wealthy Life You Need
This e book is supposed for younger earners to get their fundamentals proper from day one! It would additionally assist you to journey to unique locations at a low price! Get it or reward it to a younger earner.
Your Final Information to Journey
That is an in-depth dive into trip planning, discovering low-cost flights, funds lodging, what to do when travelling, and the way travelling slowly is best financially and psychologically, with hyperlinks to the net pages and hand-holding at each step. Get the pdf for Rs 300 (instantaneous obtain)
