Tax Calculator
Estimate your income tax liability with our Tax Calculator. Get accurate calculations based on Indian tax slabs and deductions.
Calculate Your Tax
Your Tax Summary
Enter income details and click "Calculate Tax" to see your results.
How to Use the Tax Calculator
Our Tax Calculator estimates your income tax based on Indian tax slabs. Enter your annual income, deductions, and choose the tax regime to get accurate calculations.
- Taxable Income: Annual income minus deductions.
- Income Tax: Tax calculated based on slabs.
- Cess: 4% health and education cess on income tax.
- Total Tax: Income tax plus cess.
Indian Tax Slabs (FY 2023-24)
Old Regime:
- Up to ₹2.5L: Nil
- ₹2.5L - ₹5L: 5%
- ₹5L - ₹10L: 20%
- Above ₹10L: 30%
New Regime:
- Up to ₹3L: Nil
- ₹3L - ₹6L: 5%
- ₹6L - ₹9L: 10%
- ₹9L - ₹12L: 15%
- ₹12L - ₹15L: 20%
- Above ₹15L: 30%
Tips for Tax Planning
- Maximize deductions under Section 80C (up to ₹1.5L).
- Consider HRA, LTA, and other exemptions.
- Compare old vs. new regime based on your income.
- Consult a tax advisor for personalized advice.
Always Tax filling timely.