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India 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.