Income Tax Calculator
This tax calculator is for reference only. Please consult with a tax professional for accurate tax planning.
FY 2024-25
New Regime:
₹0
Old Regime (No Deductions):
₹0
Old Regime (with Max Deductions):
₹0
Potential Savings (in old regime):
₹0
FY 2025-26
New Regime:
₹0
Old Regime (No Deductions):
₹0
Old Regime (with Max Deductions):
₹0
Potential Savings (in old regime):
₹0
Tax Deductions
Max benefit: ₹50,000
Max benefit: ₹1,50,000
Max benefit: ₹25,000
Max benefit: ₹50,000
Max benefit: ₹1,00,000
Total Deductions:
₹50,000
Taxable Income:
₹0
Tax Comparison
New Regime
₹0
Old Regime (No Deductions)
₹0
Old Regime (With Max Deductions)
₹0
Standard Deduction:
₹50,000
Section 80C (PPF, ELSS, etc.):
₹0
Section 80D (Health Insurance):
₹0
NPS Contribution (80CCD):
₹0
House Rent Allowance:
₹0
Total Deductions:
₹50,000
Taxable Income:
₹0
Potential Savings with Max Deductions (in old regime):
₹0
Difference (New vs Old with Max Deductions):
₹0
Recommendation
Enter your income to see which tax regime is better for you.
New Tax Regime
₹0
Total Tax
Tax Breakdown
Old Tax Regime
₹0
Total Tax
Tax Breakdown
About Health and Education Cess
Health and Education Cess is a 4% surcharge levied on the total tax liability. It is calculated after determining the tax amount based on the applicable tax slabs. This cess was introduced to fund health and education programs in India.