Income Tax Calculator

Calculate your income tax liability under both old and new tax regimes

About Income Tax Calculation

This calculator helps you determine your income tax liability based on current Indian tax slabs. You can compare both old and new tax regimes to choose the most beneficial option.

Tax Regimes:

  • New Regime: Lower tax rates but no deductions allowed
  • Old Regime: Higher tax rates but allows various deductions
  • Age Benefits: Senior citizens get higher basic exemption limits
  • Cess: 4% Health and Education Cess on total tax