Income Tax Calculator (India)
Calculate and compare your income tax under Old vs New Tax Regime and find out which option is more beneficial for you.
Income Tax Calculation Result
| Description | Amount (₹) |
|---|---|
| Taxable Income | |
| Income Tax | |
| Health & Education Cess (4%) | |
| Total Tax Payable |
Income Tax Calculator India
This income tax calculator helps individuals estimate their tax liability under both the Old Tax Regime and the New Tax Regime as per current Indian income tax slabs.
Old vs New Tax Regime
- Old Regime: Allows deductions like 80C, 80D, HRA, LTA
- New Regime: Lower slab rates but no major deductions
Which Tax Regime Is Better?
If you claim higher deductions, the old regime may be beneficial. If you prefer simplicity with fewer deductions, the new regime may result in lower tax.
Accuracy & Disclaimer
Tax calculations are estimates based on standard slabs and rebate rules. Actual tax payable may vary based on latest government notifications.