Income Tax Calculator
Estimate tax payable based on annual income and selected currency.
Note: This calculator uses simplified slabs for FY 2024-25 (new regime) and does not account for deductions or cess.
Frequently Asked Questions
Which is better: old or new tax regime?
New regime has lower slab rates but fewer deductions. Old regime allows 80C, HRA, home loan interest deductions. Compare both using this calculator.
What is the 80C deduction limit?
The 80C limit is ₹1.5 lakh per year. Eligible investments: PPF, ELSS, EPF, NSC, home loan principal, and life insurance premium.