Income Tax Calculator
NEWCalculate income tax under new and old regime for FY 2024-25.
Frequently asked questions
What's the difference between the New and Old regime?
The New Regime has lower tax rates but doesn't allow most deductions (like 80C or 80D) beyond a flat standard deduction. The Old Regime has higher rates but lets you subtract eligible deductions from your taxable income first.
What standard deduction does it use?
₹75,000 under the New Regime and ₹50,000 under the Old Regime, matching the FY 2024-25 rules — these are applied automatically before computing tax.
Does the total include cess?
Yes — a 4% Health and Education Cess is added on top of the calculated income tax to arrive at the final 'Total Tax' figure, matching how Indian income tax is actually charged.
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