Income Tax Calculator

Calculate your income tax liability for FY 2023-24 (AY 2024-25)

Annual Income

₹

Age Group

Deductions

Standard Deduction (₹50,000)

Section 80C (₹1.5 lakh)

Section 80D (₹25,000)

HRA Exemption

Note: This calculator is for the Financial Year 2023-24 (Assessment Year 2024-25) with new tax regime as default. Tax slabs are as per the latest budget announcements.

Total Income ₹10,00,000

Total Deductions ₹50,000

Taxable Income ₹9,50,000

Total Tax ₹92,400

Tax Breakdown Amount

Tax After Rebate (87A) ₹92,400

Cess (4%) ₹3,696

Final Tax Liability ₹96,096