08/01/25, 17:40
Income Tax Comparison
(Old Regime vs New Regime)
System Suggestion: You should opt for Old Regime as it will provide you
benefit of Rs. 82148.00 over New Regime
Employee Code & Name :- MG1864 _ Raju Gajul
Old Regime New Regime
Annual Gross 1426148 1426148
Section10 Exemption 248230 0
Sec16 Exemption 52400 75000
80C Exemption 150000 0
Sec24 Exemption(int on house loan) 165487 0
Exemption other then above 203960 0
Net Taxable Income 593705 1351148
Tax Payable 31241 110230
REBATE87SEC 0 0
Surcharge 0 0
Education Cess 1250 4409
Tax based on above 32491 114639
Disclaimer : Following calculations are displayed for reference/suggestion only and should not be
considered for final compliance as per income tax.
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