What This Calculator Does
Compare tax liabilities between New Regime and Old Regime to choose your maximum tax savings.
How to Use This Calculator
- Enter Gross Annual Salary
- Enter 80C, 80D, HRA Deductions
- Click Calculate Income Tax
Formula & Calculation Methodology
Tax = Slab Rates applied to Net Taxable Income + 4% Cess
Worked Example
Income: ₹12 Lakhs => New Regime Tax: ₹90,000 vs Old Regime: ₹1,15,000. New Regime saves ₹25,000.
In-Depth Guide & Practical Tips
Comparing Indian Income Tax Slabs helps taxpayers optimize deductions under Section 80C, 80D, and HRA exemptions.
Frequently Asked Questions (FAQ)
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