How to calculate income tax liability under new tax regime for FY 2021-22

As individuals are required to choose between old and new tax regimes, it is important to know how to calculate the income tax liability for the financial year 2021-22. Read on to know how you can calculate the income tax liability under the new tax regime for the ongoing financial year.

from Tax-Wealth-Economic Times https://ift.tt/Vux9LBO