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Tax Calculation Example – AY 2025–26 (New Regime) Ever wondered how income tax is actually computed step by step? Here’s a practical illustration 👇 🔹 Gross Total Income: ₹8,25,000 🔹 Tax at Normal Rates: ₹13,750 🔹 Tax at Special Rates (Capital Gains): ₹15,000 ➡ LTCG @10% (u/s 112A): ₹2,500 ➡ LTCG @12.5% (Other than 112A): ₹12,500 🔹 Total Tax before Rebate: ₹28,750 🔹 Less: Rebate u/s 87A: ₹13,750 🔹 Tax after Rebate: ₹15,000 🔹 Add: Health & Education Cess (4%): ₹600 ✅ Total Tax on Income: ₹
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Comment "SLAB" Income Tax Calculation for Senior Citizens under the New Tax Regime for FY 2025-26 (AY 2026-27 onwards). This includes: ✔ Latest New Regime slab rates ✔ Step-by-step slab-wise tax calculation ✔ Standard deduction adjustment ✔ Rebate under Section 87A ✔ Final tax payable calculation ✔ Example based on pension income In the example covered: Gross Pension: ₹11,50,000 Less Standard Deduction: ₹75,000 Total Income: ₹10,75,000 You will see how the tax is calculated slab-wise and how reb
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