If you are Confused about how much tax you need to pay this year? Don't worry — you're not alone. Income tax rules change every year, and it’s not easy to keep track of deductions, exemptions, and slab changes. That’s why we built this easy-to-use, accurate, and free Income Tax Calculator — so you can figure out your taxes in just a few clicks.
This online calculator is updated for the current and upcoming financial years — FY 2024-25 (AY 2025-26) and FY 2025-26 (AY 2026-27). Whether you're a salaried employee, a freelancer, or a business owner, you can use it to estimate your tax liability within seconds.
Income tax is the tax you pay to the government on your total income in a year. The government uses this money to run the country — infrastructure, healthcare, education, defense, and more.
In India, income tax is governed by the Income Tax Act, 1961. It applies to individuals, Hindu Undivided Families (HUFs), firms, LLPs, and companies. Every year, the income you earn between April 1 and March 31 is taxed as per the applicable slabs.
Here’s who typically pays income tax in India:
Let’s be real — calculating income tax manually is time-consuming, confusing, and error-prone. But with our online calculator, you can:
It’s very simple. No login required. Just follow these steps:
You’ll get a detailed breakdown including:
Still confused between the old and new tax regime? Here's a quick comparison:
| Income Slab | Old Regime | New Regime |
|---|---|---|
| ₹0 - ₹2.5 lakh | Nil | Nil |
| ₹2.5 lakh - ₹5 lakh | 5% | 5% |
| ₹5 lakh - ₹7.5 lakh | 20% | 10% |
| ₹7.5 lakh - ₹10 lakh | 20% | 15% |
| ₹10 lakh - ₹12.5 lakh | 30% | 20% |
| ₹12.5 lakh - ₹15 lakh | 30% | 25% |
| Above ₹15 lakh | 30% | 30% |
Old regime allows you to claim deductions and exemptions (like HRA, 80C, LTA, etc.).
New regime offers lower tax rates but removes almost all deductions.
It depends on your income level and how much you invest or save. Here’s a simple guide:
Our calculator compares both regimes and shows you which one is more tax-efficient for your case.
Yes, 100% free — no hidden charges or logins required.
No, this is just for estimation. You’ll need to use the official Income Tax portal or a filing service to submit your return.
Yes, the calculator is updated for FY 2024-25 and FY 2025-26 as per the latest income tax slabs.
Yes, anyone can use this tool — salaried individuals, freelancers, professionals, and business owners.
Stop guessing and start planning. Use our smart, simple, and accurate Income Tax Calculator now to know your tax liability in seconds. It’s fast, free, and takes the stress out of tax planning.