Income Tax Calculator

Old vs New regime — which actually saves you more?

✓ அனைத்து கணக்கீடுகளும் உங்கள் உலாவியில் நடக்கின்றன

This is a simplified estimate. Consult a CA or use incometax.gov.in for accurate computation.

Simplified estimate

Tax laws change. This calculator uses simplified, last-known slab structures and does not cover surcharge on high incomes, special rates for certain income types, and other provisions. For accurate tax computation, consult a CA (Chartered Accountant) or use the official Income Tax Department calculator at incometax.gov.in.

Gross annual income

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Age category

Tax regime

The new regime offers lower rates but fewer deductions. The old regime allows deductions like 80C, 80D, and HRA but at higher slab rates. We calculate both so you can see which actually saves you more.

Section 80C (PPF, ELSS, LIC, home loan principal)

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Section 80D (health insurance premium)

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HRA exemption

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Home loan interest (Section 24)

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NPS contribution (Section 80CCD)

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Other deductions

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Total tax liability (new regime)

₹71,500

Monthly TDS: ₹5,958 · Effective rate: 6.0%

Taxable income

₹11.25 L

Tax before cess

₹68,750

Education cess (4%)

₹2,750

Old vs New regime

Old regime: ₹1.12 L

New regime: ₹71,500

You save ₹40,300 by choosing the new regime.

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