Calculate Income Tax
Calculate income tax for old and new tax regimes
Tax Details
Enter income details
About Income Tax Calculator
An income tax calculator helps you estimate your tax liability for both old and new tax regimes. It calculates tax based on current income tax slabs and includes cess.
Note
This calculator provides an estimate based on standard tax slabs. Actual tax may vary based on various deductions, exemptions, and specific tax rules. Please consult a tax advisor for accurate calculations.
Frequently Asked Questions
The old regime allows various deductions and exemptions (like HRA, 80C, 80D) but has higher tax rates. The new regime has lower tax rates but fewer deductions. Choose based on your deductions and income level.
If you have significant deductions (home loan, insurance, investments), the old regime may be beneficial. If you have minimal deductions, the new regime with lower rates may be better. Use our calculator to compare both.