nikhilpurwant.com - Simplest Tax Calculator
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Old And New Regime (updated for Budget - 1 Feb 2025)!
Total Income (INR)
Old Regime Deductions
New Regime Deductions
Your Age
Below 60 years
Between 60-80 years
Above 80 years
Financial Year
2022-23
2023-24
2024-25
2025-26 (Latest Budget)
Salaried Taxpayer
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Calculations
Summary
Difference : INR
Best option:
regime
Summary and Tax Slab Breakup - Old Regime
Taxable Amount:
(Total Income - Standard Deduction - Deductions)
Total Tax Payable:
(Tax Liability from Slabs + Cess (4%) + Surcharge)
Net Tax Rate:
%
Slab wise breakup:
Summary and Tax Slab Breakup - New Regime
Taxable Amount:
(Total Income - Standard Deduction - Deductions)
Total Tax Payable:
(Tax Liability from Slabs + Cess (4%) + Surcharge)
Net Tax Rate:
%
Slab wise breakup: