Income Tax Calculator
Compare Old vs New tax regime and find which saves you more — FY 2024-25.
How to Use
- 1
Enter your annual income
Type your gross annual salary or income.
- 2
Enter deductions
Add your Section 80C, 80D, HRA, and other deductions.
- 3
Compare old vs new regime
The tool calculates your tax liability under both regimes side by side.
- 4
Choose the better regime
See which regime saves you more tax based on your specific deductions.
Frequently Asked Questions
It depends on your deductions. If you claim significant deductions under 80C, 80D, HRA, etc., the old regime may save more tax. If you have fewer deductions, the new regime with lower slab rates is often better. This calculator compares both.
Enter your annual gross salary, exemptions (HRA, LTA), and deductions (80C, 80D, home loan interest). The tool calculates your taxable income and tax liability under both old and new regimes.
The new tax regime features revised slabs with lower rates but fewer deductions. The calculator uses the latest applicable slab rates to compute your tax accurately.