Income Tax Calculator
Estimate your income tax liability for FY 2024-25 (AY 2025-26) under the New Tax Regime.
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How it works
Calculated based on the New Tax Regime slabs as per Budget 2024. Includes ₹75,000 Standard Deduction and 4% Cess.
Common Questions
What is the standard deduction for FY 24-25?
The standard deduction has been increased to ₹75,000 for salaried individuals under the New Tax Regime.
At what income is tax zero?
Under the New Regime, if your taxable income is up to ₹7 lakh, you get a rebate under section 87A, making your tax zero.
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Disclaimer: These calculations are estimates based on standard financial formulas. Actual outcomes may vary due to taxes, market conditions, or policy changes. Consult a financial advisor for critical decisions.