Tax / Income tax calculator
Compare your
tax regimes.
Estimate your tax under India's new and old regimes, then understand which option may save you more.
Your comparison
Estimated tax payable
This estimate uses current standard slab structures, 4% health and education cess, and standard deductions of ₹75,000 under the new regime or ₹50,000 under the old regime. Old-regime deductions are capped at ₹1,50,000 for 80C plus the other deduction field. It does not include surcharge, every rebate, or all possible exemptions.
Understand the result
How it works
The calculator first applies the standard deduction and the selected deductions to estimate taxable income. It then applies each regime's income tax slabs, adds 4% health and education cess, and compares the final amounts.
Worked example: For annual income of ₹15 lakh with ₹1.5 lakh in 80C deductions and ₹50,000 in other deductions, the calculator applies the selected age category and shows both regime estimates side by side.
Good to know
Frequently asked questions
What is the difference between the new and old tax regime?+
The new regime generally offers lower slab rates with fewer deductions, while the old regime allows more deductions and exemptions. Your better option depends on income and eligible deductions.
Which tax regime should I choose?+
Compare both estimates using your actual income and eligible deductions. The regime showing the lower estimated tax may save more, but confirm your choice with a qualified tax professional.
Can senior citizens use this calculator?+
Yes. Select the 60-80 or above 80 age category. Age-based basic exemption limits are applied to the old-regime estimate.
What is the 80C deduction limit?+
This calculator considers up to ₹1,50,000 under Section 80C for the old-regime estimate. Eligible investments and payments must meet the applicable rules.
Are these tax results exact?+
No. They are estimates for planning. Actual tax may also depend on rebates, surcharge, capital gains, exemptions, income type, and the latest official rules.
Disclaimer: This calculator provides estimates for education and planning, not professional tax advice. Tax rules can change. Confirm your liability with the official Income Tax portal or a qualified tax professional.