Use this income tax calculator to estimate your tax liability and compare old vs new tax regimes based on your income.
Also known as: salary tax calculator, tax slab calculator, income tax estimator
Income tax is the tax you pay to the government based on your annual income. The amount depends on your income slab and the tax regime you choose.
The new regime offers lower tax rates but fewer deductions. The old regime allows deductions like 80C, HRA, and others. This calculator helps you compare both and choose the better option.
Tax rates vary based on income range. Higher income falls into higher tax slabs. The new regime generally has more slabs with lower rates.
If your annual income is ₹8,00,000, your tax will differ based on deductions and selected regime. This tool helps you compare both instantly.
Which tax regime is better?
It depends on your deductions. If you claim many deductions, old regime may be better.
Is this calculator accurate?
It provides a close estimate based on current tax rules.
Can tax rules change?
Yes, tax laws can change every year.
⚠️ This is an estimate. Tax laws may change. Please consult a professional for accurate filing.