Indian income tax estimation. Fast, accurate, and completely free.
Calculates taxes based on Indian Income Tax Department slabs for FY 2024-25, comparing Old Regime deductions against New Regime rebates.
Enter your Annual Gross Salary.
Enter any other income streams, such as interest income or capital gains.
Input your tax-saving deductions (80C, 80D, HRA) applicable under the Old Regime.
Compare tax liability under both systems instantly.
In recent Union Budgets, the Government of India has heavily promoted the New Tax Regime, which features lower tax rates but removes almost all deductions (such as 80C, 80D, and HRA). Conversely, the Old Tax Regime features higher slab rates but allows individuals to claim substantial deductions to reduce their taxable income.
The standard deduction for salaried individuals is ₹50,000 under the Old Regime, and has been increased to ₹75,000 under the New Regime for FY 2024-25.
Explore more tools you might find useful