AiTaxBot

Income Tax Calculator – FY 2024–25

Income Tax Calculator

Calculate your income tax under both old and new regimes for FY 2024-25 (AY 2025-26)

Note: New Tax Regime

Under the new tax regime, you get a standard deduction of ₹50,000 but most other deductions and exemptions are not available.

Tax Calculation Results

Income Summary

Total Income:

9,00,000

Gross Taxable Income:

8,50,000

Total Deductions:

50,000

Tax Calculation

Tax at Normal Rates:

40,000

Health & Education Cess (4%):

1,600

Total Tax Liability:

41,600

Monthly Tax:

3,467

Tax Regime Analysis

Current Selection

New Tax Regime

Total Tax

41,600

Alternative Regime

Old Tax Regime

Total Tax

70,200

You Save

With Current Regime

Savings

28,600

Recommendation

Based on your inputs, the new tax regime would be more beneficial for you.

* This is for informational purposes only. Please consult a tax professional for specific advice.