Income Tax Calculator (India)

This calculator helps you estimate your annual income tax liability in India under both the Old Tax Regime and the New Tax Regime.

It includes standard deductions, eligible exemptions (old regime), and health & education cess for a realistic estimate.

Select Tax Regime

Old vs New Tax Regime – Which Should You Choose?

The old tax regime allows multiple deductions such as 80C and 80D, which can significantly reduce taxable income.

The new tax regime offers lower slab rates but removes most exemptions. It is beneficial for individuals with minimal deductions.

Always calculate tax under both regimes before making a final decision.

Related Salary Tools

Understanding tax is easier when combined with salary breakdowns:

• CTC → In-Hand Salary Calculator (India)

Important Disclaimer

• This calculator provides an estimate, not exact tax.
• Surcharge is not included.
• Actual tax depends on exemptions, allowances, and employer structure.