Income Tax Calculator

Compare old vs new tax regimes for salaried individuals.

Inputs
Enter values below and click calculate to see results.
Results
Your output will appear below once all required inputs are provided.

Result

Enter values to see the result

Formula

Tax = Σ slabRate * taxableAmount

Example
Estimate income tax under the new regime slabs (simplified).

income

1200000

regime

0

Expected result

115000

FAQ
Common questions about this calculator.

What is the difference between old and new regime?

New regime offers lower tax slabs but removes most deductions; old regime keeps deductions.

Does this include cess?

No, this is a simplified tax estimate without cess and surcharge.