Income Tax Calculator India – Calculate Income Tax Online
Income Tax Calculator (India)
Use this Income Tax Calculator to calculate your income tax online as per Indian tax slabs. This free income tax calculator helps salaried individuals and professionals estimate tax liability easily.
Income Tax Result
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How Income Tax Calculator Works
This income tax calculator applies Indian income tax slabs to your annual income and calculates tax payable under old or new tax regime.
Income Tax Slabs in India
Old Tax Regime
- Up to ₹2.5 lakh – No tax
- ₹2.5 lakh – ₹5 lakh – 5%
- ₹5 lakh – ₹10 lakh – 20%
- Above ₹10 lakh – 30%
New Tax Regime
- Up to ₹3 lakh – No tax
- ₹3 lakh – ₹6 lakh – 5%
- ₹6 lakh – ₹9 lakh – 10%
- ₹9 lakh – ₹12 lakh – 15%
- ₹12 lakh – ₹15 lakh – 20%
- Above ₹15 lakh – 30%
Who Should Use This Income Tax Calculator?
- Salaried employees
- Self-employed professionals
- Freelancers
- Business owners
- Students learning taxation
Frequently Asked Questions (FAQs)
Is this income tax calculator accurate?
Yes, this calculator follows standard Indian income tax slabs and provides close tax estimates.
Does it include deductions?
No. This calculator gives a basic tax estimate without deductions like 80C, 80D, or exemptions.
Can I compare old vs new tax regime?
Yes, you can calculate tax under both regimes to choose the better option.
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Income Tax Calculator India – Old vs New Regime (With Deductions)