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Results
Taxable Income₹11,25,000
Basic Tax₹68,750
Health & Education Cess (4%)₹2,750
Total Tax Liability₹71,500
Understand Income Tax Calculator
Evaluate taxable salary slabs and check cess values using standard rebate policies under Section 87A.
Frequently Asked Questions
What is the standard deduction for FY 2024-25?
The standard deduction under the new tax regime has been set to ₹75,000.