Income Tax calculator

Financial Year

Tax regime

Annual income (Gross)

Age of taxpayer

Deductions (Old regime only)Ignored under New Regime

Section 80C (max ₹1.5L)

Section 80D (health insurance)

Section 24(b) Home loan interest (max ₹2L)

HRA exemption

Other 80C–80U deductions

Standard deduction (₹50,000)

Std. deduction (New)

₹75,000

Taxable income

₹11,25,000

Base tax

₹0

Surcharge

₹0

Cess (4%)

₹0

Final tax payable

₹0

Effective tax rate: 0.00%

Old 100%

Old Regime tax

₹1,18,560

New Regime tax

₹0

Frequently Asked Questions