Income Tax Calculator
Estimate your income tax liability under the new tax regime.
Estimated using the new tax regime slabs. This is indicative only — actual liability depends on deductions and the latest rules for the applicable financial year.
Income Tax₹80,000
Health & Education Cess (4%)₹3,200
Total Tax₹83,200
Take-Home Income₹11,16,800
How to use the Income Tax Calculator
Enter your annual income to see an estimated tax breakdown under the new regime.
- 1
Enter annual income
Your total annual taxable income.
Frequently Asked Questions
Is this calculator accurate for my exact tax liability?
This gives an indicative estimate using new regime slabs. Actual liability depends on applicable deductions and the latest rules for your financial year — consult a tax professional for exact figures.
Is income up to ₹7 lakh really tax-free?
Under the new regime, a rebate under Section 87A effectively makes tax liability nil for income up to ₹7 lakh, which this calculator accounts for.