Income Tax Calculator India
Use this Income Tax Calculator to calculate your tax liability under Old vs New Tax Regime. This tool supports deductions under 80C, 80D and HRA as per Indian income tax rules.
Enter Your Income Details
Tax Calculation Result
Old Regime Tax: —
New Regime Tax: —
Best Option: —
How This Income Tax Calculator Works
This calculator compares tax payable under the old and new tax regimes. Old regime allows deductions like 80C, 80D and HRA, while the new regime offers lower slab rates without deductions.
Income Tax Slabs (FY 2024-25)
- Old Regime: Basic exemption ₹2.5L
- New Regime: Basic exemption ₹3L
Frequently Asked Questions
Which tax regime is better?
If you have high deductions under 80C, 80D or HRA, the old regime is usually better. Otherwise, the new regime may reduce tax liability.
Is this income tax calculator accurate?
Yes, this calculator provides close estimates based on current slabs. Final tax may vary based on cess and additional rules.
Can salaried employees use this calculator?
Yes, salaried individuals can calculate their tax using this tool easily.