Indian Income Tax Calculator

Important Note:

This calculator provides an estimate based on publicly available tax laws and common deductions.
Tax laws are complex and change annually. For precise calculations and tax planning, please consult official government sources or a qualified tax professional.
The "New Tax Regime" option is available from AY 2021-22 onwards (for FY 2020-21 income).

Income Details

Gross Salary (Total, before any deductions/exemptions):

Other Income (e.g., Interest, Dividends):

Manually Enter Taxable Income (Optional):

If a value is entered here, it will be used as your Net Taxable Income directly, and other income/deduction fields will be ignored for taxable income calculation.

Capital Gains Details (Equity/Equity MF only)

Short-Term Capital Gain (STCG u/s 111A, 15% tax):

Long-Term Capital Gain (LTCG u/s 112A, 10% tax over ₹1 Lakh):

*These fields are for specific capital gains on equity/equity-oriented mutual funds (STT paid). Other types of capital gains may have different tax rules.

HRA Exemption Details (Optional, Old Regime Only)

Basic Salary + DA:

HRA Received:

Rent Paid Annually:

Residing in Metro City (Delhi, Mumbai, Kolkata, Chennai)

Deductions

Section 80CCD(2) - Employer's NPS Contribution (Max 10% of Gross Salary*):

*Simplified: Actual limit is 10%/14% of Basic + DA.

Section 80C (Max ₹1.5 Lakh):

Section 80D (Self/Family - Medical Insurance):

Section 80D (Parents - Medical Insurance):

Section 24(b) - Home Loan Interest (Self-Occupied):

Section 80CCD(1B) - NPS (Additional ₹50,000):

Tax Calculation Results

Disclaimer: This calculator is for informational purposes only and should not be considered as professional tax advice. Tax laws are subject to change.

Indian Income Tax Calculator

Income Details

Capital Gains Details (Equity/Equity MF only)

HRA Exemption Details (Optional, Old Regime Only)

Deductions

Tax Calculation Results

Old Tax Regime

Regular Income Tax Breakdown:

New Tax Regime

Regular Income Tax Breakdown:

Comparison