Free Tool
Income Tax Calculator FY 2024-25
Calculate your income tax liability under both Old and New tax regimes. Find out which regime saves you more money.
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Old Regime Deductions (Optional)
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Tax Slabs FY 2024-25
Old Tax Regime
| Income Range | Rate |
|---|---|
| Up to ₹2,50,000 | Nil |
| ₹2,50,001 - ₹5,00,000 | 5% |
| ₹5,00,001 - ₹10,00,000 | 20% |
| Above ₹10,00,000 | 30% |
New Tax Regime (Default)
| Income Range | Rate |
|---|---|
| Up to ₹3,00,000 | Nil |
| ₹3,00,001 - ₹6,00,000 | 5% |
| ₹6,00,001 - ₹9,00,000 | 10% |
| ₹9,00,001 - ₹12,00,000 | 15% |
| ₹12,00,001 - ₹15,00,000 | 20% |
| Above ₹15,00,000 | 30% |
* Plus applicable surcharge and 4% Health & Education Cess. Rebate u/s 87A available for income up to ₹7 lakh.
Disclaimer: This calculator provides estimates based on current tax laws and should be used for reference only. Actual tax liability may vary based on individual circumstances. Please consult a qualified CA or tax professional for accurate tax advice.