Helps compare between New and Old Tax Regime.

Related tags

Miscellaneous Income-Tax-Calculator
Overview

Income-Tax-Calculator

Helps compare between New and Old Tax Regime.

Sample Console Input/Output

saanika@gupta:~/Desktop$ python3 income_tax_calculator.py 
Enter Gross income: 1200000
Enter exemption for old tax regime: 150000
Income Tax for Old tax regime = 112500.0
Income Tax for New tax regime = 115000.0
===============================================================================
Please opt for Old Tax Regime as you will have to pay Rs. 2500.0 lesser
===============================================================================
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