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Income Tax Calculator FY 2024-25

Compare Old Tax System vs New Tax System (FY 2024-25) and instantly see which one saves you more money.

What it does: Free income tax calculator comparing Old Regime vs New Regime for FY 2025-26 — Enter annual income, HRA, and deductions, get taxable income, total tax, and which regime saves more instantly.
Recommended Regime

Old Tax System (with exemptions & deductions)

Taxable Income₹0
Tax Payable (includes 4% health cess)₹0

New Tax System (default from FY 2024-25)

Taxable Income₹0
Tax Payable (includes 4% health cess)₹0
You Save₹0

New Tax System — Tax Rates FY 2024-25

Up to ₹3LNIL
₹3L – ₹6L5%
₹6L – ₹9L10%
₹9L – ₹12L15%
₹12L – ₹15L20%
Above ₹15L30%
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How to Use the Income Tax Calculator

  1. Enter your annual gross income.
  2. Add deductions: 80C, HRA, standard deduction, and others.
  3. Tax is computed under both old and new regimes automatically.
  4. Compare and choose the regime that saves you more tax.

Frequently Asked Questions

₹75,000 under the new tax regime (increased in Budget 2024). Under the old regime, it remains ₹50,000 for salaried employees.

If your total deductions (80C + HRA + LTA + home loan interest) exceed ~₹3.75 lakh, the old regime may save more. Otherwise the new regime is simpler and often cheaper.

Section 80C allows deduction up to ₹1.5 lakh for investments in PPF, ELSS, LIC premium, home loan principal repayment, NSC, and children's tuition fees.
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