Income Tax Calculator

Estimate your income tax liability for the current financial year.

Your Income Details

Enter your total annual income before deductions.
Total amount of eligible tax deductions.

Net Taxable Income

0

Total Tax Liability

0

Average Tax Rate

0 %

Tax Breakdown

Income Slab Tax Rate Tax Amount
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Tax Planner

Calculate Income Tax & Compare Regimes

Estimate your annual tax liability, compare old vs new tax regimes, and evaluate Section 80C/80D deductions instantly.

1

Enter Income Metrics

Input your gross annual salary, business profits, and income from other sources.

2

List Deductions

Input tax deductions including Sec 80C, Sec 80D, HRA, and home loan interests.

3

Run Comparison

Our script processes calculations for both old and new regime slabs concurrently.

4

View Recommendations

Compare net tax savings to find the most cost-efficient tax regime for your financial bracket.

Regime Comparison Auditing
Statutory Slab Deductions
100% Private local parsing
Layout Grid

Multi-Regime Slabs & Exemption Checklists

Old vs New Regime Comparisons

Directly contrasts your tax liabilities under the old slab system versus the simplified new regime slabs.

Deduction Checklists

Configures standard deductions, Section 80C savings, 80D medical coverage, and HRA limits.

Slab-by-Slab Breakdowns

Displays detailed slab mappings outlining how much tax is charged across successive income ranges.

Health & Education Cess Math

Applies standard 4% health and education cess surcharge along with Section 87A rebate rules automatically.

100% Private local parsing

All data processing is run locally on the client thread, preventing any transaction data leaks.

Tax FAQs

Frequently Asked Questions

1 What is the difference between the Old and New Tax Regimes?
The Old Tax Regime offers higher tax rates but allows claiming numerous deductions (such as Sec 80C, Sec 80D, HRA, and home loans). The New Tax Regime features lower slab rates but removes almost all tax exemptions.
2 What are the standard deduction limits?
Salaried employees qualify for a flat statutory standard deduction of ₹50,000 under both the Old Tax Regime and the New Tax Regime, lowering their gross taxable salary figure directly.
3 What is the Section 87A rebate?
Section 87A provides a tax rebate for residents whose total taxable income does not exceed a statutory cap (e.g. ₹5 Lakhs under Old Regime or ₹7 Lakhs under New Regime), effectively reducing their net tax liability to zero.
4 Is the health and education cess calculated on income or tax?
The standard 4% health and education cess is levied directly on the computed income tax liability amount (after applying rebates/surcharges), rather than on your gross salary income.
5 Are my income and salary figures private?
Absolutely. All salary numbers, investments, and deduction parameters remain in browser cache memory. No metrics are stored or transmitted to external databases.