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Income Tax Calculator

FY 2024-25

Calculate your exact tax liability under Old and New regime. Compare both, find which saves more. Instant results.

Updated with latest Budget 2024 tax slabs

What type of income do you have?

Income Details

Total Gross Income: ₹0

Deductions (Old Regime)

Standard deduction ₹50,000 added automatically

TDS Already Deducted

Check Form 26AS on incometax.gov.in

Select Tax Regime

Tax slabs reference

FY 2024-25 Tax Slabs — Both Regimes

Old Regime

With deductions (80C, 80D, HRA etc.)

Income slabRate
Up to ₹2.5 LakhNIL
₹2.5L – ₹5L5%
₹5L – ₹10L20%
Above ₹10L30%

New Regime (Default)

No deductions — lower base rates

Income slabRate
Up to ₹3 LakhNIL
₹3L – ₹7L5%
₹7L – ₹10L10%
₹10L – ₹12L15%
₹12L – ₹15L20%
Above ₹15L30%

FAQ

Income Tax Calculator — common questions

It depends on your deductions. If you have large investments (80C ₹1.5L), health insurance (80D), HRA, and home loan interest, old regime often saves more. If you have fewer deductions, new regime with lower rates is better. Use our calculator to compare your specific situation.

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Calculator showed your tax — now file correctly. CA team handles ITR filing from ₹999.

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