Finance Tools

Income Tax Calculator

Calculate Indian income tax for FY 2024-25 online. Compare old and new tax regime to find which saves you more tax.

Maximize tax savingsPlan investmentsFile returns correctlyChoose right regime

Income Tax Calculator Tool

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How to Use Income Tax Calculator

1

Enter Annual Income

Enter your total annual gross income.

2

Add Deductions

Enter applicable deductions under old regime.

3

Compare & Calculate

See tax under both regimes and choose.

Key Features

Both Regimes

Compare old and new tax regime side by side.

FY 2024-25

Updated for latest budget and slabs.

Deductions

Include HRA, 80C, 80D and other deductions.

Regime Recommendation

Get advice on which regime saves more.

Income Tax Calculator FAQ

New regime is beneficial if deductions are less than ₹3.75L. Old regime is better with high 80C, HRA, and home loan deductions.

New regime: 0-3L (0%), 3-7L (5%), 7-10L (10%), 10-12L (15%), 12-15L (20%), 15L+ (30%).

Under old regime: 80C (₹1.5L), HRA, 80D (health insurance), home loan interest, and more.

Yes, ₹75,000 standard deduction is available in both old and new tax regimes for FY 2024-25.

Surcharge applies on income above ₹50L: 10% (50L-1Cr), 15% (1Cr-2Cr), 25% (2Cr-5Cr), 37% (above 5Cr).

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