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Income Tax Calculator

New

India income tax calculator — old vs new regime FY 2024-25

₹12,00,000

Deductions (Old Regime only)

₹1,50,000
₹1,20,000
₹1,50,000
₹50,000
₹25,000
Old Tax RegimeBETTER
Taxable income₹6,55,000
Income tax₹43,500
Cess (4%)₹1,740
Total tax₹45,240
New Tax Regime
Taxable income₹11,25,000
Income tax₹68,750
Cess (4%)₹2,750
Total tax₹71,500
✅ Old Regime saves you ₹26,260 this year
Browser-based, files never uploaded Instant results Works on any device

How to use Income Tax Calculator

  1. 1Enter your gross annual salary
  2. 2Add deductions (80C, HRA, etc.)
  3. 3See tax under old and new regime
  4. 4Compare and choose best option

About this tool

Calculate Indian income tax for FY 2024-25 under Old and New Tax Regime. Compare both regimes, includes HRA, 80C, standard deduction.

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Frequently asked questions

Which regime is better?

Depends on your deductions. If total deductions exceed ₹3.75L, old regime is usually better.

What is standard deduction?

₹50,000 for salaried employees under both regimes.