Income Tax Calculator India

Compare old vs new tax regime for FY 2025-26

Calculate monthly take-home salary

HRA, 80C, 80D deductions included

🔒 Privacy: All calculations are performed locally in your browser.

Basic Details

Employment Type

Age Category

Salary Components (Annual amounts)

Basic Salary (Annual)

₹

DA (Dearness Allowance) (Annual)ⓘ

₹

HRA (House Rent Allowance) (Annual)

₹

LTA (Leave Travel Allowance) (Annual)

₹

Special Allowances (Annual)

₹

Bonus/Incentives (Annual)

₹

Employer PF Contribution (Annual)

₹

Professional Tax (Annual)

₹

Total: ₹0

PF Contribution Options (VPF)

Choose how much to contribute to your Provident Fund

Standard (Wage Ceiling)

PF capped at 12% of ₹15,000/month = ₹1,800/month max

Default

Full Basic + DA

12% of entire Basic + DA (no ceiling)

Custom VPF Amount

Standard PF + additional voluntary contribution

Flexible

Monthly Employee PF

₹0

Annual Employee PF

₹0

Statutory PF (12% of ₹0)₹0/mo

Interest Rate (FY 2025-26)8.25% p.a.

Tax Benefit: VPF contributions qualify for Section 80C deduction (up to ₹1.5L combined limit). Only available under Old Tax Regime.

Enter your income details to see tax calculation

What is Income Tax Calculator?

An income tax calculator is an online tool that helps you estimate your tax liability based on your income, deductions, and applicable tax regime. Our calculator supports both old and new tax regimes, compares them side-by-side, and recommends the better option for you.

How to Use This Calculator

Select employment type

Choose Salaried or Self-Employed based on your work

Choose age category

Age affects old regime tax slabs for senior citizens

Enter income details

Input CTC (simple) or component-wise salary details

Add deductions

Enter applicable deductions like 80C, 80D, HRA for old regime

View comparison

See side-by-side comparison and get recommendation

Why Use Our Income Tax Calculator?

Accurate Tax Slabs

Updated for FY 2025-26 with latest government rates

Regime Comparison

Compare old vs new tax regime side-by-side

HRA Calculator

Built-in HRA exemption calculator for accurate tax planning

All Deductions

Support for 80C, 80D, 80E, 80G, HRA, LTA, and more

Monthly Breakdown

See monthly take-home salary after all deductions

Visual Charts

Easy-to-understand pie and bar charts for tax breakdown

Frequently Asked Questions

The new tax regime offers lower tax rates but disallows most deductions like 80C, 80D, HRA, and LTA. The old regime has higher tax rates but allows all deductions and exemptions. Choose the regime that results in lower tax liability based on your deductions.

Under the new tax regime, the standard deduction is ₹75,000 for salaried employees. Under the old regime, it is ₹50,000.

Under the new tax regime, individuals with taxable income up to ₹12 lakh get a rebate of up to ₹60,000, making their income tax-free. Under the old regime, the rebate is ₹12,500 for income up to ₹5 lakh.

No, Section 80C deductions (PPF, ELSS, Life Insurance, etc.) are not allowed under the new tax regime. They are only available under the old tax regime.

HRA exemption is the minimum of: (1) Actual HRA received, (2) Rent paid minus 10% of basic salary, (3) 50% of basic salary for metro cities or 40% for non-metro cities.

The maximum deduction under Section 80C is ₹1,50,000 per financial year. This includes investments in PPF, ELSS, EPF, life insurance, NSC, tax-saving FD, and more.