Income Tax Calculator FY 2024-25

Age Category

Financial Year

Gross Salary (Annual) *

₹

Income from Other Sources

₹

Interest income, dividends, etc.

Rental Income (Annual)

₹

Section 80C Investments

₹

Max ₹1,50,000 (PPF, ELSS, LIC, etc.)

Section 80D (Health Insurance)

₹

Self: ₹25K, Parents: ₹25K-50K

Home Loan Interest (Sec 24b)

₹

Max ₹2,00,000 for self-occupied

NPS Contribution (80CCD 1B)

₹

Additional ₹50,000 over 80C

Other Deductions

₹

80E, 80G, 80TTA, etc.

Default from FY 2023-24

Gross Total Income ₹ 0

Standard Deduction - ₹ 75,000

                                    Taxable Income
                                    ₹ 0
                                

Income Tax ₹ 0

Health & Education Cess (4%) ₹ 0

Total Tax Payable ₹ 0

With Deductions

Gross Total Income ₹ 0

Standard Deduction - ₹ 50,000

Chapter VI-A Deductions - ₹ 0

                                    Taxable Income
                                    ₹ 0
                                

Income Tax ₹ 0

Health & Education Cess (4%) ₹ 0

Total Tax Payable ₹ 0

New Regime is Better!

You save ₹ 0 with the recommended regime