Income Tax Calculator

Calculate your income tax under Old vs New tax regime (FY 2024-25).

Gross Annual Income

₹

Total annual income.

Tax Regime

Old vs New Regime

New regime has lower rates but minimal deductions.

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Total Tax (New Regime)

₹ 0

Effective tax rate: 0%

Income

Taxable

0

Base

Tax

0

Cess

0

Rate

Eff. Rate

0%

Tax Slabs FY 2024-25

Income Tax Slabs

New Regime

0 - 3 LakhNIL

3 - 7 Lakh5%

7 - 10 Lakh10%

10 - 12 Lakh15%

12 - 15 Lakh20%

>15 Lakh30%

Old Regime

0 - 2.5 LakhNIL

2.5 - 5 Lakh5%

5 - 10 Lakh20%

>10 Lakh30%

Standard Deduction

₹50,000 (Old) / ₹75,000 (New)

Last Updated: January 2026 (FY 2024-25)

Disclaimer: This calculator provides estimates for educational purposes. Actual tax liability may vary. Consult a tax professional for accurate advice.