Income Tax Calculator
Estimate your tax under the old and new regime for the current and previous financial year, and see which one looks lower.
Disclaimer: This calculator is only for learning and education purpose and doesn't take any liability of actual tax calculation. Results are estimates, not tax advice, and are not a guarantee of filing accuracy.
Income (annual)
Bank and deposit interest, dividends, other receipts.
Annual rent net of municipal taxes. A 30% standard deduction is applied.
Already included above; used for the 80TTA/80TTB deduction.
Already included above; counts for seniors (80TTB) only.
Business, freelance and trading
Enter a loss with a minus sign. Losses are not carried forward here.
50% of receipts is treated as profit. For eligible professionals only.
Capital gains and crypto
Held 12 months or less. Taxed at 20%.
First ₹1.25 lakh is exempt; balance taxed at 12.5%.
Taxed at your slab rate.
Property, unlisted shares, gold. Taxed at 12.5%, no indexation.
Taxed at your slab rate.
Flat 30%; no deductions or loss set-off.
Deductions and exemptions
Most of these apply to the old regime only. The new regime allows the standard deduction and employer NPS contribution.
Capped at ₹1.5 lakh.
Cap ₹25,000 (₹50,000 for seniors).
Capped at ₹2 lakh; old regime only.
Enter the exempt amount if you know it, or use the calculator below.
Extra ₹50,000; old regime only.
Allowed in both regimes, up to 10% (old) or 14% (new) of Basic + DA.
Enter the deductible amount, which depends on the donee.
HRA exemption calculator (old regime)
Tax already paid (optional)
Used to show tax still payable or refundable.
This calculator is only for learning and education purpose and doesn't take any liability of actual tax calculation. Always verify with the Income Tax Department's official resources or a qualified professional before filing.