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.