Income Tax Calculator - New vs Old Tax Regime
Use this income tax calculator to calculate your tax liability under both the new and old tax regimes in India. Easily estimate your taxable income, income tax, health and education cess, and total tax payable based on the latest income tax slabs.
₹1L₹15,00,000₹5Cr
₹0₹1,50,000₹5L
Deductions only apply to the old regime. Under the new regime, only the standard deduction is allowed — income up to ₹12 lakh has zero tax due to the Section 87A rebate.
How does the Income Tax Calculator work?
This income tax calculator estimates your tax liability under both the new and old tax regimes in India. It applies the latest income tax slabs, considers eligible deductions under the old regime, and adds the mandatory health and education cess to calculate your total tax payable accurately.