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Income Tax Calculator

Estimate income tax for FY2025-26 under new or old tax regime. Compare both regimes and see monthly TDS, effective tax rate, and 87A rebate.

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About the Income Tax Calculator

Estimate income tax for FY2025-26 under new or old tax regime. Compare both regimes and see monthly TDS, effective tax rate, and 87A rebate.

Income Tax Calculator estimates your tax liability based on gross income, deductions, and applicable tax slabs. Supports multiple countries including India (old and new regime), USA, UK, and others. See your effective tax rate and take-home income instantly.

Type
Calculator
Method
current-year slab logic, including cess where applicable
Runs in
Your browser — no account, no install
Price
Free
Results
Instant, with plain-English interpretation
FINANCE

Income Tax Calculator

Country / Tax System
Inputs
Enter your income to estimate tax liability.
$
Total Tax
$19,588
Effective rate: 21.8% · After tax: $70,412
Tax Breakdown
Gross Income$90,000
Tax-Free Threshold-$18,200
Income Tax-$17,788
Medicare Levy (2%)-$1,800
After-Tax Income$70,412

ATO 2025-26 resident rates. Includes Medicare Levy. Excludes HELP/HECS.

Frequently asked questions

How do I use the Income Tax Calculator?+

To use the Income Tax Calculator, simply input your total income, applicable deductions, and select your filing status. The calculator will then provide an estimate of your tax liability.

Is the Income Tax Calculator accurate?+

The Income Tax Calculator provides a close estimate based on current tax rates and regulations. However, for precise calculations, it's best to consult a tax professional.

Can I use this tool for different income types?+

Yes, the Income Tax Calculator can accommodate various income types, including wages, self-employment income, and investment earnings. Just ensure you input the correct figures for accurate results.

Do I need to enter deductions?+

Yes, entering deductions is crucial for an accurate estimate of your taxable income. The calculator allows you to input common deductions such as mortgage interest, student loan interest, and charitable contributions.

Is there a cost to use the Income Tax Calculator?+

No, the Income Tax Calculator is completely free to use. You can access it anytime without any hidden fees or subscriptions.

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