Tax Calculators

Income Tax Calculator (New Regime)

Calculate your income tax under the new regime with standard deduction and rebate.

About the calculator

What is the Income Tax Calculator (New Regime)?

The Income Tax Calculator (New Regime) is a free online tool that helps you make informed decisions about your money. Enter your numbers and the calculator gives you instant, accurate results.

Use it to compare scenarios, plan goals and validate assumptions — all without signing up.

Formula used
  • Slabs
    0–3L: 0% | 3–6L: 5% | 6–9L: 10% | 9–12L: 15% | 12–15L: 20% | 15L+: 30%
  • Rebate 87A
    Tax = 0 if Taxable Income ≤ ₹7,00,000
  • Cess
    Health & Education Cess = 4% on tax

Why use the Income Tax Calculator (New Regime)?

Financial planning works only when it's specific. The Income Tax Calculator (New Regime) converts assumptions into concrete numbers — so you can choose between scenarios with confidence rather than guesswork.

How it helps

By tweaking inputs and instantly seeing the impact, you build intuition for how the underlying variables interact. This is far more useful than abstract formulas alone.

What to remember

Calculators show possible outcomes based on the assumptions you provide. Real-world results may vary; review your plan periodically and adjust as your income, goals and circumstances evolve.

Frequently Asked Questions

Lower slab rates, ₹75,000 standard deduction, and rebate up to ₹7L.
₹75,000 for salaried/pensioners from FY 2024-25.
No — most exemptions are not allowed under the new regime.
If you don't claim large deductions (>~₹3.75L).
Yes — salaried can choose every year.
Yes, 4% over the computed tax.

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