Income Tax Calculator
Estimate your tax liability under the Old and New tax regimes for Financial Year 2024-25 (Assessment Year 2025-26).
Income & Deductions
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Regime Comparison (FY 2024-25)
New Tax Regime
Gross Income₹15,50,000
Standard Deduction₹75,000
Taxable Income₹14,75,000
Base Slabs Tax₹1,35,000
87A Tax Rebate-₹0
Education Cess (4%)₹5,400
Net Tax Payable₹1,40,400
Old Tax Regime
Gross Income₹15,50,000
Total Deductions₹2,25,000
Taxable Income₹13,25,000
Base Slabs Tax₹2,10,000
87A Tax Rebate-₹0
Education Cess (4%)₹8,400
Net Tax Payable₹2,18,400
Tax Savings Recommendation
Save ₹78,000 under New Regime!
New Regime