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Taxable income after standard deduction: ₹9.5 lakh. Tax = ₹45,000 + cess = ₹46,800.
80C: ₹1.5L + 80D: ₹25K + NPS: ₹50K + Standard: ₹50K = ₹2.75L deductions. Taxable = ₹7.25L. Tax = ₹32,500 + cess = ₹33,800.
Old regime saves ₹13,000 if you claim all deductions.
Calculate exact tax: Tax Calculator
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