Income Tax Calculator – Instantly Calculate Your Tax Liability in India
Easily calculate your annual income tax with this free online Income Tax Calculator for salaried individuals, freelancers, and professionals.
Income Tax Calculator
Deductions
Age Category
Tax Regime
Tax Summary
Free Online Income Tax Calculator for FY 2024-25 (India) – Quick, Accurate & Hassle-Free
How It Works – Step-by-Step Guide to Use the Income Tax Calculator Online
- Enter your financial details such as annual income, deductions (like 80C, 80D), HRA, and other tax-saving components into the tool interface.
- Click the “Calculate” button to instantly compute your income tax for the relevant financial year.
- The tool uses the latest income tax slabs and rules to process your inputs using government-compliant formulas.
- Instantly view your tax results including total taxable income, deductions, tax liability, and net take-home pay.
- Use these results to plan investments, optimize deductions, and make tax-saving decisions confidently.
- Optionally, save or share the output to keep a record or consult with your tax advisor.
Why Use This Free Income Tax Calculator?
- Updated for Current Financial Year (FY 2024-25)
The tool is regularly updated with the latest income tax slabs and deduction rules applicable in India. - Accurate & Fast Calculations
Uses advanced tax algorithms to give precise results instantly – no manual calculations or spreadsheet formulas required. - 100% Free & Easy to Use for Everyone
Whether you’re a salaried employee, business owner, or freelancer, this tax calculator is designed to suit every Indian taxpayer.
India’s Most Trusted Income Tax Calculator – Zero Cost, No Ads, No Login Required
Key Features & Benefits of This Online Income Tax Calculator
- Supports new & old tax regimes for accurate comparison and smart tax planning
- Calculates taxes for salaried individuals, freelancers, and small business owners
- Input fields for Section 80C, 80D, HRA, home loan interest, and more deductions
- Auto-calculates gross income, deductions, taxable income, and final tax payable
- Mobile-friendly interface – works seamlessly on smartphones, tablets, and desktops
- No signup or login required – get your results without sharing any personal data
- Free for unlimited use – calculate your income tax any number of times
- Perfect for anyone searching “income tax calculator India online free”
- Updated in real-time with government slab changes and budget announcements
- Save money by making smarter investment decisions using the tax-saving breakdowns
Income Tax Calculator FAQs
What is an Income Tax Calculator and how does it work?
An Income Tax Calculator is a free online tool that calculates your estimated tax liability based on your annual income, deductions, exemptions, and applicable tax slabs under the Indian Income Tax laws.
How to use the Income Tax Calculator for FY 2025-26?
Simply input your total taxable income, select your age group, choose the tax regime (old or new), enter eligible deductions like Section 80C, 80D, and the calculator will show your income tax payable along with cess and surcharge.
What are the major differences between the Old and New Tax Regimes?
The Old Tax Regime allows multiple exemptions and deductions but has higher tax rates. The New Tax Regime offers lower tax rates but removes most exemptions and deductions. Choosing the right regime can save you money depending on your financial situation.
What are the income tax slabs for FY 2025-26 under the New Tax Regime?
- Up to ₹4,00,000: Nil
- ₹4,00,001 to ₹8,00,000: 5%
- ₹8,00,001 to ₹12,00,000: 10%
- ₹12,00,001 to ₹16,00,000: 15%
- ₹16,00,001 to ₹20,00,000: 20%
- ₹20,00,001 to ₹24,00,000: 25%
- Above ₹24,00,000: 30%
Can I claim deductions like Section 80C or HRA under the New Tax Regime?
No, most deductions such as Section 80C investments, House Rent Allowance (HRA), and other exemptions are not available under the New Tax Regime. The Old Tax Regime allows these deductions.
What is the standard deduction available in Income Tax calculation?
The standard deduction is ₹75,000 for salaried individuals and pensioners, which reduces your taxable income, applicable under both Old and New Tax Regimes.
What is the rebate under Section 87A in Income Tax?
Section 87A offers a rebate of up to ₹12,500 for individuals with taxable income up to ₹5 lakh, effectively reducing their tax liability to zero.
Is the Income Tax Calculator free to use?
Yes, this Income Tax Calculator is completely free and does not require registration or payment.
How accurate is the Income Tax Calculator?
The calculator uses current Income Tax slabs, deductions, and cess rates. However, for complex tax scenarios or business income, consult a tax professional for exact calculations.
Does the calculator include health and education cess in the calculation?
Yes, the calculator automatically adds the 4% health and education cess on the total tax amount.