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Earning Rs. 16,75,500 in 2025-26: How Much Income Tax Will I Pay?

Mihir

Mihir Tanna  |1112 Answers  |Ask -

Tax Expert - Answered on Mar 21, 2025

Mihir Ashok Tanna, who works with a well-known chartered accountancy firm in Mumbai, has more than 15 years of experience in direct taxation.
He handles various kinds of matters related to direct tax such as PAN/ TAN application; compliance including ITR, TDS return filing; issuance/ filing of statutory forms like Form 15CB, Form 61A, etc; application u/s 10(46); application for condonation of delay; application for lower/ nil TDS certificate; transfer pricing and study report; advisory/ opinion on direct tax matters; handling various income-tax notices; compounding application on show cause for TDS default; verification of books for TDS/ TCS/ equalisation levy compliance; application for pending income-tax demand and refund; charitable trust taxation and compliance; income-tax scrutiny and CIT(A) for all types of taxpayers including individuals, firms, LLPs, corporates, trusts, non-resident individuals and companies.
He regularly represents clients before the income tax authorities including the commissioner of income tax (appeal).... more
Asked by Anonymous - Mar 20, 2025Hindi
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if i earning rs 16,75,500/- for year 2025-26 how much income tax i will pay

Ans: Tax will depend on nature of Income.

E.g. On salary, income on transfer of debt mutual fund and business income slab rate is applicable. Slab rate will depend on tax regime (old/new) selected by you.

In case of income from transfer of STT paid equity shares/equity based on mutual fund 12.5% to 20% will be charged based on long term or short term nature of capital gain.
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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My sister has an option to go for EEE/ECE in VIT Vellore campus or AI/ML in VIT Amravati/Bhopal campus. Which option should she go for? Want to maximise on placement opportunities in these uncertain times. Other colleges in list: 1. CSE, AI in SRM University (Ramapuram) 2. CSE /AI in Alliance University 3. CSE/ AI in Mahindra Ecole School of Engineering. Would really appreciate some help.
Ans: Satvik, before I answer your question, I suggest you ask your sister which branch she is interested in or passionate about, and what types of problems she wants to solve in the future to make the best choice. However, she should also remain adaptable and open to changing her focus if her interests evolve during her undergraduate program by upgrading her skills and staying informed about job market trends. Answering your question, please note, for placement security, VIT Vellore ECE is the best choice, offering a strong balance of brand reputation, alumni network, recruiters, and access to tech placements, with VIT reporting top recruiters and a high CTC of ?1 crore across all campuses. VIT Vellore EEE is a good option only if she is committed to developing strong coding and electronics skills. The AI-ML branch at VIT AP or Bhopal is attractive, though the campus brand is not as established as Vellore; notably, VIT Bhopal reported a highest package of 51 LPA and over 1,100 placements for 2025. Mahindra University’s CSE/AI program is a promising emerging option, with an average salary of 9.1 LPA and a highest package of 40 LPA in 2024. SRM Ramapuram’s CSE/AI offers a reasonable backup, while Alliance’s CSE/AI should be considered last. Overall, the final recommendation is to prioritize VIT Vellore ECE over AI/ML at the newer campuses. All the Best for Your Sister's Prosperous Future!

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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