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Friday April 26, 2024

Budget 2019-20: Check your monthly income tax liability

Income Tax Calculator: Here's how you can check your monthly income tax deduction

By Web Desk
June 13, 2019

The government on Tuesday announced a new income tax regime, revoking the exemption it had earlier offered to people with a salary of less than Rs100,000.

In the  budget 2019-20, it has introduced 11 tax slabs with taxation rates that range between 5 percent and 35 percent.

The income tax calculator below will help you find out the exact figures of your monthly income tax.