The amount of tax one needs to pay depends upon the income tax regime chosen and the income tax bracket we are falling into. Currently, we have two regime to choose from i.e. New Tax Regime and Old Tax Regime.

Often, we are confused about which Income Tax Regime we should choose to save more tax. This video will help you in choosing the best alternative for you with the help of 5 practical examples covering all the details of both the regime, different tax slab rates and exemptions & deductions allowed under both the regime.

How to Calculate Income Tax on salary
What is Income Tax? | Tax Slab | Deductions Allowed
Income Tax Exemptions and Deductions for Salaried Individuals