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Income Tax Calculator FY 2024-25

Compare old vs new tax regime and find the best option for you

Income Details

Deductions (Old Regime Only)

Max: ₹1,50,000

Health Insurance

HRA, 80G, etc.

Old Tax Regime

Gross Income

₹800,000

Total Deductions

- ₹50,000

Taxable Income

₹750,000

Income Tax

₹65,000

Including 4% cess: ₹2,500

In-hand Income

₹735,000

New Tax Regime

Recommended

Gross Income

₹800,000

Standard Deduction

- ₹50,000

Taxable Income

₹750,000

Income Tax

₹26,000

Including 4% cess: ₹1,000

In-hand Income

₹774,000

Tax Savings Comparison

Tax Difference

₹39,000

Recommended Regime

New Regime

Lower Tax By

60.0%

About Income Tax Calculator

Calculate your income tax liability for FY 2024-25 under both old and new tax regimes. Our calculator helps you compare both regimes and choose the one that saves you the most tax.

Disclaimer: This calculator provides an estimate based on the information provided. Actual tax liability may vary. Please consult a tax professional for accurate tax planning.