CalculatorIndia Income Tax Calculator
New-regime tax estimate.
New regime slabs: 0–3L: nil; 3–7L: 5%; 7–10L: 10%; 10–12L: 15%; 12–15L: 20%; >15L: 30%, plus 4% cess. Section 87A rebate zeroes tax up to INR 7L.
FAQs
New vs old regime?
New regime has lower rates but almost no deductions; old regime suits those with large 80C/HRA claims.
Is there standard deduction?
INR 50,000 standard deduction applies under the new regime too.