About Income Tax Calculator
Income Tax in India
Calculate your income tax liability under both Old and New tax regimes. Choose the regime that saves you more tax based on your income and deductions.
New Regime (FY 2023-24):
- • Up to ₹3 lakh: 0%
- • ₹3-6 lakh: 5%
- • ₹6-9 lakh: 10%
- • ₹9-12 lakh: 15%
- • ₹12-15 lakh: 20%
- • Above ₹15 lakh: 30%
Old Regime:
- • Up to ₹2.5 lakh: 0%
- • ₹2.5-5 lakh: 5%
- • ₹5-10 lakh: 20%
- • Above ₹10 lakh: 30%
Key Features:
- • Compare both regimes
- • HRA exemption calculator
- • All major deductions included
- • Detailed tax breakdown
Income Tax Calculator
Income Sources:
Total Income: ₹10,00,000
Deductions (New Regime):
Standard Deduction: ₹50,000 (automatically applied)
Employer contribution (max ₹50,000)
Results
Click Calculate to see results
Disclaimer: All content, tools, and calculators are provided for informational purposes only. Please verify information from authorized sources before making any decisions.