Free Income Tax Calculator Online — Calculate income tax under old and new regime
Taxable Income
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Income Tax
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Cess (4%)
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Total Tax Payable
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How to Calculate Income Tax
Enter your annual income and deductions. The calculator computes tax under both old and new regime and tells you which one saves more. Includes 4% health & education cess.
New Regime vs Old Regime
New regime has lower rates but no deductions (except ₹75,000 standard deduction). Old regime allows 80C, HRA, and other deductions. Compare both to choose wisely.
What is Section 87A rebate?
If taxable income is ≤₹5L (old) or ≤₹7L (new regime), you get full tax rebate — effectively zero tax payable.
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