Income Tax Calculator
Tax Summary
OLD TAX REGIME
₹ 0
NEW TAX REGIME
₹ 0
| COMPONENTS | OLD TAX REGIME | NEW TAX REGIME |
|---|---|---|
| Total Income | ₹ 0 | ₹ 0 |
| Exemptions & Deductions | ₹ 0 | ₹ 0 |
| Taxable Income | ₹ 0 | ₹ 0 |
| Tax Due | ₹ 0 | ₹ 0 |
What is an Income Tax Calculator?
An Income Tax Calculator is a digital tool that helps individuals estimate their annual income tax liability based on the latest tax slabs and applicable deductions. It’s a quick and easy way to plan your finances, whether you’re a salaried professional, freelancer, or self-employed individual.
About the Tool
The Income Tax Calculator is designed to make tax planning stress-free. By entering a few key details about your income, deductions, and exemptions, you can instantly calculate your tax payable under the old or new tax regime—empowering you to make informed decisions.
How to Use the Income Tax Calculator
Just fill in the following information:
- Annual Income – Salary, business income, or other sources of income.
- Deductions & Exemptions – Such as 80C, 80D, HRA, standard deduction, etc.
- Age Category – Since tax slabs vary based on age (below 60, senior citizen, super senior).
- Tax Regime – Choose between the old tax regime or the new simplified one.
- Other Income – Include capital gains, interest income, or rental income if applicable.