Income Tax Calculator India

FY 2024-25 (AY 2025-26) - Compare Old vs New Tax Regime

Gross Annual Income (₹)

Age Category

Deductions (Old Regime)

80C (Max ₹1.5L)

80D Health Insurance

HRA Exemption

Other Deductions

Recommended Regime

New Tax Regime

You save ₹29,900 with this regime

Gross Income₹12,00,000

Total Deductions-₹2,75,000

Taxable Income₹9,25,000

Tax₹97,500

Cess (4%)₹3,900

Total Tax₹1,01,400

Gross Income₹12,00,000

Std. Deduction-₹75,000

Taxable Income₹11,25,000

Tax₹68,750

Cess (4%)₹2,750

Total Tax₹71,500

Tax Slabs FY 2024-25