Income Tax Ay 2024-25

Income Tax Ay 2024-25. Choose the assessment year for which you want to calculate the tax. However, with the technological advancements in recent years, the processing of tax.

* tax rebate up to rs.12,500 is applicable if the total income does not exceed rs 5,00,000. In india, income tax is calculated using income tax slabs and rates for the applicable financial year (fy) and assessment year (ay).