InvestorQ : Does the income tax department offer a comparison of the old tax and the new tax regime where I can compare which tax plan to select?
swati Bakhda made post

Does the income tax department offer a comparison of the old tax and the new tax regime where I can compare which tax plan to select?

Answer
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Dia Deshpande answered.
7 months ago


In fact, the Income Tax department has just released a special analytical tool wherein you can compare the old tax regime and the new tax regime for your level of income and investments so that you can use and apply that which is most suitable for you. You can just visit the following link on the Income Tax page to get your answer.

https://www.incometaxindiaefiling.gov.in

You can simulate different levels of income and exemptions and compare the old and new regime. It is simple and user friendly.