Income Tax Calculator
Calculate income tax under new and old regime for FY 2024-25 (AY 2025-26). Side-by-side comparison with Section 87A rebate.
Old Regime Deductions
Recommended
New Regime
Save ₹89,700
| New Regime | Old Regime | |
|---|---|---|
| Gross Income | ₹15,00,000 | ₹15,00,000 |
| Standard Deduction | ₹75,000 | ₹50,000 |
| Other Deductions | — | ₹2,25,000 |
| Taxable Income | ₹14,25,000 | ₹12,25,000 |
| Income Tax | ₹93,750 | ₹1,80,000 |
| Cess (4%) | ₹3,750 | ₹7,200 |
| Total Tax | ₹97,500 | ₹1,87,200 |
Tax Slab Breakdown (New Regime)
| ₹0 - ₹4,00,000 | 0% | ₹0 |
| ₹4,00,000 - ₹8,00,000 | 5% | ₹20,000 |
| ₹8,00,000 - ₹12,00,000 | 10% | ₹40,000 |
| ₹12,00,000 - ₹16,00,000 | 15% | ₹33,750 |