Income Tax Calculator (India)
Calculate your income tax instantly under the New Tax Regime (FY 2024–25).
How is Income Tax Calculated?
Income tax in India is calculated based on income slabs. This calculator follows the New Tax Regime with lower tax rates and no deductions.
New Tax Regime Slabs (FY 2024–25)
- Up to ₹3,00,000 – No tax
- ₹3,00,001 to ₹6,00,000 – 5%
- ₹6,00,001 to ₹9,00,000 – 10%
- ₹9,00,001 to ₹12,00,000 – 15%
- ₹12,00,001 to ₹15,00,000 – 20%
- Above ₹15,00,000 – 30%