Advanced Income Tax Calculator (AY 2024-25)

Compare Old & New Regimes with detailed deductions to maximize your savings.

Old Regime

Taxable Income: ₹ 8,00,000

Income Tax: ₹ 72,500

Surcharge: ₹ 0

Cess (4%): ₹ 2,900

Total Tax: ₹ 75,400

New Regime (Default)

Taxable Income: ₹ 9,50,000

Income Tax: ₹ 52,500

Surcharge: ₹ 0

Cess (4%): ₹ 2,100

Total Tax: ₹ 54,600

Our Other Useful Tools

How This Calculator Works

  1. Select Age & Enter Income: Choose your age group and input your annual income.
  2. Provide Deductions: Click on "Enter Detailed Deductions" to input your tax-saving investments like 80C, 80D, HRA etc. for the Old Regime.
  3. Compare Instantly: The calculator automatically computes your tax liability under both the Old and the New (default) tax regimes.
  4. Get Smart Recommendation: A clear highlight shows which regime is more beneficial for you and exactly how much you can save.