To answer this question, it depends on person to person. Every individual is having different incomes in a Financial Year.
And based on the investment options and deductions, you income tax can be calculated.
Below is the table of income tax with new tax regime (Rs. 50,000 deduction) and old tax regime (Rs. 2 lakh deduction) for income between Rs. 4 Lakh to Rs. 20 lakh in FY 2023-24:
