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How to use Income Tax Calculator (India)

Enter your annual income and eligible deductions. The calculator computes tax under both the old and new regimes and highlights the cheaper option.

Frequently asked questions

How does the old regime differ from the new regime?

The old regime offers deductions and exemptions like 80C, HRA and standard deduction with higher slab rates, while the new regime has lower rates but removes most deductions.

Which tax regime should I choose?

It depends on your deductions. If your eligible deductions are large, the old regime often wins; with few deductions the new regime's lower rates usually cost less.

Is this calculation exact?

It is a close estimate using standard slabs and the inputs you provide. Cess, surcharge and special cases can change the final figure, so this is not tax advice.

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