Finance

Income Tax Calculator

Estimate income tax under both regimes (India).

Annual income (₹)

Deductions — old regime (₹)

Age

Estimate only. Excludes cess. Based on FY 2024-25 slabs.

Old regime tax

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New regime tax

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Why use Income Tax Calculator?

Choosing between India's old and new tax regimes can save (or cost) you tens of thousands of rupees. Our calculator compares both side-by-side using FY 2024-25 slabs so you can make an informed choice before filing or before declaring deductions to your employer.

How it works

Enter your gross annual income — Total CTC including bonuses.
Enter old-regime deductions — Section 80C, HRA, home loan interest, etc.
Compare — See tax under both regimes and a recommendation.

Tips & best practices

Standard deduction is now ₹50,000 (old) and ₹75,000 (new) for salaried.
Section 87A rebate makes income up to ₹7L tax-free in the new regime.
Old regime usually wins if you claim more than ~₹3L in total deductions.

Frequently asked questions

Which slabs are used?+

FY 2024-25 (AY 2025-26). New regime: 0/5/10/15/20/30%; old regime: 5/20/30%.

Does it include health & education cess?+

No. Add 4% cess on top of the calculated tax for the final liability.

Can I switch regimes every year?+

Salaried taxpayers can switch each year. Business income filers face restrictions.

Is this an official calculation?+

It's an estimate based on standard slabs. For complex cases (capital gains, foreign income), consult a CA.