Income Tax calculator

Income Tax Calculator

Compare tax under the new and old regimes, with rebate, surcharge and cess.

Financial year

Age during the year

Residential status

Income for the year

Gross salary / pension (optional)

₹

Before standard deduction. Enter HRA exemption (if any) below, not here.

Business / professional income (optional)

₹

Income from house property (net) (optional)

₹

Enter a loss as a negative number. Old regime: loss set off up to ₹2,00,000.

Other income (interest, etc.) (optional)

₹

Old-regime deductions (ignored under the new regime)

HRA exemption (optional)

₹

Use our HRA calculator to work this out.

Section 80C investments (optional)

₹

Capped at ₹1,50,000.

Section 80D health insurance (optional)

₹

Other Chapter VI-A deductions (optional)

₹

e.g. 80CCD(1B), 80E, 80G — enter the eligible amount.

Capital gains taxed at special rates, agricultural income and other special-rate incomes are not covered — speak to us if you have them.

How this is calculated

Taxable income = gross income − standard deduction (salaried) − deductions (old regime only). Tax is applied slab by slab, rebate under section 87A is applied where eligible (with marginal relief in the new regime), then surcharge (with marginal relief) and 4% health & education cess.

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Disclaimer: Results are estimates for general guidance, based on your inputs and the rules described above. They are not professional, tax or legal advice. Rates and rules change — verify with the official source or consult a qualified professional before acting.

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