1. How much tax do I have to pay on my salary? Salary tax is calculated using your total taxable income after all deductions and exemptions, your income tax slab, and the tax regime you have chosen. 2 ...
Less: Exemptions on Salary income (other than HRA) which are not allowed under New Regime (e.g. Leave travel allowance, Education allowance, Hostel allowance etc.) Less: Exemptions on Salary income ...