Income Tax Calculator

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

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₹
Total annual income.

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

4%

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.

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How to Use

About the Income Tax Calculator

What it calculates

Estimates income tax liability under Indian tax rules for old and new regimes, accounting for deductions and slab rates.

When to use it

Use during tax planning to compare old vs new regime, estimate advance tax, and understand take-home impact before filing.

Example

Comparing regimes for the same gross income can reveal significant savings depending on eligible deductions like 80C, HRA, and NPS.

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