Income Tax Calculator 2025
Calculate your taxes instantly with our Income Tax Calculator 2025. Compare the new tax regime vs. old tax regime. Check your tax according to 2024 vs newly announced 2025 tax slabs.
Enter Your Yearly Income
New Tax Regime (2025)
Taxable Income:
1,200,000 - 75,000 = 1,125,000
1,200,000 - 75,000 = 1,125,000
Description | Amount |
---|---|
Upto 4 Lakh (No Tax) | 0 |
4 Lakh to 8 Lakh (5%) | 20,000 |
8 Lakh to 12 Lakh (10%) | 32,500 |
87A Rebate | -52,500 |
Total Tax | 0 |
New Tax Regime (2024)
Taxable Income:
1,200,000 - 50,000 = 1,150,000
1,200,000 - 50,000 = 1,150,000
Description | Amount |
---|---|
Upto 3 Lakh (No Tax) | 0 |
3 Lakh to 7 Lakh (5%) | 20,000 |
7 Lakh to 10 Lakh (10%) | 30,000 |
10 Lakh to 12 Lakh (15%) | 22,500 |
Tax Before Surcharge & Cess | 72,500 |
Health & Education Cess (4%) | 2,900 |
Total Tax | 75,400 |
Old Tax Regime (2024 / 2025)
Enter Deductions
Deduction Details
Description | Amount |
---|---|
Total Income | 1,200,000 |
Standard Deduction | 50,000 |
Savings (80C) | 150,000 |
Interest on Savings Account (80TTA) | 10,000 |
NPS (80CCD) | 50,000 |
Medical Insurance (80D) | 25,000 |
Taxable Income | 915,000 |
Taxable Income:
1,200,000 - 285,000 = 915,000
1,200,000 - 285,000 = 915,000
Description | Amount |
---|---|
Upto 2.5 Lakh (No Tax) | 0 |
2.5 Lakh to 5 Lakh (5%) | 12,500 |
5 Lakh to 10 Lakh (20%) | 83,000 |
Tax Before Surcharge & Cess | 95,500 |
Health & Education Cess (4%) | 3,820 |
Total Tax | 99,320 |