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  • Financial Express

How to select tax regime with Income Tax Calculator for FY 2023-24

How to choose tax regime for FY 2023-24: Selecting the best option between old and new tax regimes is proving difficult for many salaried taxpayers, especially for those who are in the higher income bracket and making various tax-saving investments.

However, it is the time of the year when every salaried employee has to intimate his/her employer about the tax regime option, failing which the employer will deduct TDS from salary as per the new regime rates sans various deductions and exemptions available under the old regime. That said, the following will help you select the best tax regime for maximum tax savings.

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