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Free Income Tax Calculator (India Regime Comparison)

Compare your estimated tax liability between the Old and New tax regimes in India.

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Choose the Best Tax Regime for Your Income Profile

Deciding between the New and Old tax regimes in India depends on your investments, deductions, and gross salary. Our free income tax calculator allows you to input your gross income and deductions to compare liabilities.

Get a step-by-step slab calculation of your tax liability, surcharges, health & education cess, and determine which regime saves you the most money.

Key Benefits & Features

Regime Comparison

Side-by-side breakdown of taxes owed under both regimes.

Deductions Support

Enter Section 80C, 80D, HRA, and standard deduction values to optimize your old regime calculations.

How to Use the Income Tax Calculator Step-by-Step

This utility runs entirely inside your browser using client-side JavaScript. We prioritize your security: none of your inputted text is logged or stored.

  1. 1

    Enter your annual Gross Income.

  2. 2

    Specify deductions (80C, 80D, HRA) for the Old Regime calculations.

  3. 3

    Click Calculate to see the regime comparisons.

Practical Examples

Input Example

Gross Income: 1,200,000, Deductions: 150,000

Expected Output
New Regime Tax: ₹90,000, Old Regime Tax: ₹1,12,500

Frequently Asked Questions (FAQ)

What is the standard deduction?

For salaried employees, a standard flat deduction is applied to gross income (₹75,000 under new regime, ₹50,000 under old regime in recent budgets).

Which regime is generally better?

The New tax regime is simpler and offers lower tax rates, but does not allow major deductions. The Old regime is beneficial if you claim large deductions like home loan interest and Section 80C.

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