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Income Tax Calculator

Calculate your income tax liability under New and Old tax regime for FY 2024-25 (AY 2025-26).

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₹

Lower rates, fewer deductions. ₹75,000 standard deduction.

Higher rates, more deductions like 80C, 80D, HRA.

Tax Slabs Comparison
New Tax Regime (FY 2024-25)
Up to ₹3,00,000Nil
₹3,00,001 - ₹7,00,0005%
₹7,00,001 - ₹10,00,00010%
₹10,00,001 - ₹12,00,00015%
₹12,00,001 - ₹15,00,00020%
Above ₹15,00,00030%
Old Tax Regime
Up to ₹2,50,000Nil
₹2,50,001 - ₹5,00,0005%
₹5,00,001 - ₹10,00,00020%
Above ₹10,00,00030%
FAQs

If you have significant deductions (80C, 80D, HRA, LTA), the Old Regime may be beneficial. Otherwise, the New Regime with lower rates is usually better.

Under the New Regime, a standard deduction of ₹75,000 is available from FY 2024-25. Under Old Regime, it's ₹50,000.