Updated with Latest Union Budget
Free Online Tax & GST Calculators
Accurately evaluate your income tax liability for FY 2024-25 (AY 2025-26), check your HRA exemption eligibility, and compute GST invoices.
FY 2024-25 & AY 2025-26 Budget Slabs
Income Tax Comparison Calculator
Gross Annual Income (Salary + Other)₹9,50,000
₹3 Lakh₹25 Lakh₹50 Lakh
Old Regime Deductions (Optional)
Section 80C (PPF, ELSS, EPF, LIC - Max 1.5L)₹1,50,000
Section 80D (Health Insurance)₹25,000
Home Loan Interest (Sec 24b - Max 2L)₹0
Best Regime for You
New Tax Regime
You save ₹20,800 extra tax!
NEW REGIMERecommended
₹39,000
Std Deduction: ₹75,000
Taxable: ₹8,75,000
Rebate up to ₹7.75L: Applied
OLD REGIME
₹59,800
Total Deductions: ₹2,25,000
Taxable: ₹7,25,000
80C + 80D claimed
New Tax Regime Slabs
Default RegimeUnder Section 115BAC, includes ₹75,000 standard deduction for salaried individuals and full Section 87A rebate for taxable income up to ₹7,00,000.
| Income Slab | Tax Rate |
|---|---|
| Up to ₹3,00,000 | NIL |
| ₹3,00,001 – ₹7,00,000 | 5% |
| ₹7,00,001 – ₹10,00,000 | 10% |
| ₹10,00,001 – ₹12,00,000 | 15% |
| ₹12,00,001 – ₹15,00,000 | 20% |
| Above ₹15,00,000 | 30% |
Old Tax Regime Slabs
Deductions AllowedAllows full deduction under Section 80C (₹1.5L), 80D (₹25k-1L), HRA, LTA, and home loan interest (₹2L).
| Income Slab | Tax Rate |
|---|---|
| Up to ₹2,50,000 | NIL |
| ₹2,50,001 – ₹5,00,000 | 5% (87A Rebate) |
| ₹5,00,001 – ₹10,00,000 | 20% |
| Above ₹10,00,000 | 30% |
Confused which regime saves you maximum tax?
Let our Chartered Accountants evaluate both options with your actual payslips and investment proofs.