Free Online Income Tax Calculator
Planning your taxes is one of the most important financial exercises every year. Our free income tax calculator helps you estimate your tax liability under both the Old Regime and New Regime, compare them side by side, and determine which regime saves you more money.
Use our Income Tax Calculator to instantly calculate your taxes.
What Our Calculator Does
- Compares Old vs New Regime — See your tax under both regimes side by side. Choose the one that saves you more
- Includes all deductions — Section 80C, 80D, 80CCD, 80E, 80G, HRA, 24(b), standard deduction. Input your investments and see the tax impact
- Shows tax slabs — See how your income is taxed at each slab rate
- Calculates surcharge and cess — Includes 4% health and education cess and applicable surcharge for high incomes
- Works for all income levels — From ₹3 lakh to ₹5 crore+
Tax-Saving Tips
- Maximize Section 80C — EPF + PPF + ELSS SIP = ₹1.5 lakh deduction. This alone can save ₹46,800 in tax (at 30% bracket + cess)
- Add NPS — Extra ₹50,000 under 80CCD(1B). Saves additional ₹15,600
- Health insurance — ₹25,000 for self + ₹50,000 for senior citizen parents under 80D = ₹75,000 deduction
- Home loan — ₹2 lakh interest deduction under Section 24(b) + principal under 80C
- Education loan — Full interest deduction under Section 80E (no upper limit)
Start planning: Use our free tax calculator now to optimize your tax saving.
Need Expert Guidance?
Our financial experts can help you make the right decision. Book a free consultation — no obligations, no pressure.