Income Tax Calculator

FY 2024-25 (AY 2025-26) — Compare Old vs New Tax Regime instantly.

Tax Regime

Annual Gross Income

Total salary/income before deductions

0₹1 Cr

Total Tax Payable

₹71,500

New Regime — FY 2024-25

Gross Income₹12,00,000

Standard Deduction-₹75,000

Taxable Income₹11,25,000

Income Tax₹68,750

Health & Edu. Cess (4%)₹2,750

Net Tax Payable₹71,500

You save ₹61,100

vs Old Regime

Effective Tax Rate6.0%