Income Tax Calculator
Calculate Your Income Tax
Calculate your income tax liability under both old and new tax regimes for FY 2023-24 and choose the best option for you.
Tax Details
₹
₹2.5L₹50L
₹
₹
Total Tax
₹0
Effective Rate: 0.0%
Taxable Income
₹0
Net Income
₹0
Tax Slabs (Old Regime)
| Income Range | Tax Rate |
|---|---|
| Up to ₹2,50,000 | 0% |
| ₹2,50,001 - ₹5,00,000 | 5% |
| ₹5,00,001 - ₹10,00,000 | 20% |
| Above ₹10,00,000 | 30% |
Note: Health and Education Cess of 4% is applicable on the calculated tax amount. Old regime allows deductions under various sections like 80C, 80D, etc.
Income Breakdown
Gross Annual Income₹12,00,000
80C Deductions- ₹1,50,000
Other Deductions- ₹0
Taxable Income₹0
Tax Liability- ₹0
Net Take Home₹0