![]() ![]() Check out the precise guidelines for using the income tax calculator below in order to know how much income tax you must pay for the fiscal year ending on March 31, 2023. The income tax calculator provides you with an exact estimate of your yearly tax burden based on your earnings. ![]() The official income tax calculator is an important tool that takes into account the most recent income tax rules and regulations and may be used to calculate your tax liability. Here’s how to use the official income tax calculator, created Income Tax Department which will help you calculate your taxable income online. Online tax calculators are available to help you determine your income tax obligations. For individuals making between Rs 3 lakh and Rs 6 lakh, the new income tax slab rate begins at 5%. ![]() In the introduction of the Budget 2023, the Finance Minister also disclosed the new Income Tax slabs and tax rates. Income tax calculator for AY 2023–2024: On February 1, Finance Minister Nirmala Sitharaman declared the Budget 2023–2024. ![]()
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