India Income Tax Calculator
India Income Tax
Free India income tax calculator for FY 2024-25
₹
Formula
Tax = Progressive slab rates × Taxable income + 4% Cess
Frequently Asked Questions
What are the income tax slabs for FY 2024-25 new regime?
Under the new regime: 0% up to ₹4L, 5% (₹4-8L), 10% (₹8-12L), 15% (₹12-16L), 20% (₹16-20L), 25% (₹20-24L), 30% above ₹24L. Standard deduction is ₹75,000.
Which regime is better - old or new?
The new regime is better for most taxpayers unless you have significant deductions (HRA, 80C, 80D etc.) exceeding ₹3-4 lakh under the old regime.
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