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Income Tax Calculator India

Calculate income tax for FY 2025-26 under New and Old tax regimes. Includes Section 87A rebate, cess, and 80C deductions.

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About the Income Tax Calculator India

Calculate income tax for FY 2025-26 under New and Old tax regimes. Includes Section 87A rebate, cess, and 80C deductions.

Income Tax Calculator India is a free online calculator on QuickFnd. Calculate income tax for FY 2025-26 under New and Old tax regimes. Includes Section 87A rebate, cess, and 80C deductions. Get instant results in your browser without any signup or download.

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
₹0
Effective rate: 0.0% · After tax: ₹12,00,000
Tax Breakdown
Gross Income₹12,00,000
Standard Deduction (₹75,000)-₹75,000
Taxable Income₹11,25,000
Income Tax₹0
Health & Education Cess (4%)₹0
After-Tax Income₹12,00,000

India FY2025-26 (New Regime). Includes 4% cess.

Frequently asked questions

How much tax will be deducted for 14 lakhs?+

For an income of 14 lakhs in India, the tax liability can vary based on the applicable tax regime. Under the old regime with deductions, the tax could be around 2.5 lakhs, while under the new regime, it could be approximately 3.5 lakhs.

How much income is tax free now in India?+

As of the current tax regime, individuals earning up to 2.5 lakhs annually are not liable to pay any income tax. For senior citizens, the exemption limit is 3 lakhs.

How much tax do I pay on 10 lakhs?+

On an income of 10 lakhs, the tax liability is roughly 1.5 lakhs under the old tax regime, considering common deductions. Under the new tax regime, it would be around 1.75 lakhs without deductions.

What are the tax slabs for FY 2023-24 in India?+

For FY 2023-24, the tax slabs are 0-2.5 lakhs (0%), 2.5-5 lakhs (5%), 5-10 lakhs (20%), and above 10 lakhs (30%). These rates apply to individual taxpayers under the new tax regime.

Can I use this calculator for business income?+

Yes, the Income Tax Calculator India can be used for estimating tax on business income as well. Just input your total income, and it will calculate the tax based on the prevailing tax slabs.

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