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Income Tax Calculator (India)

Income Tax Calculator (India)
Calculate your income tax based on the latest Indian tax slabs.

Enter your total annual income before taxes.

Select your age group for applicable tax slabs.

How to use this calculator:

  1. Enter your total annual income in the "Annual Income" field.
  2. Select your age group from the dropdown menu.
  3. Click the "Calculate Tax" button to see your tax liability.

Notes:

  • This calculator uses the tax slabs for the Financial Year 2023-24 (Assessment Year 2024-25).
  • A standard deduction of ₹50,000 is applied to the income.
  • The calculator includes the 4% Health and Education Cess.
  • For incomes up to ₹5,00,000, a tax rebate under Section 87A is applied.
  • This calculator provides an estimate. For precise calculations, consult a tax professional.