Income Tax Calculator (India)
Income
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Standard deduction: Old ₹50,000; New ₹75,000 (salaried)
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30% standard deduction on rent applied in both regimes (simplified).
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Taxed at 30% + 4% cess (rebate not applicable).
Old-regime-only adjustments
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Deductions
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Eligibility not validated here.
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Summary
Total Tax – Old Regime
₹ 0
Total Tax – New Regime
₹ 0
Recommendation
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Estimated savings: ₹ 0
- 4% cess applied; surcharge not modeled.
- Rebate u/s 87A: Old ≤ ₹5L (₹12,500), New ≤ ₹12L (₹60,000).
- Digital assets taxed @ 30% + 4% cess (no rebate).
Old Regime Breakdown
Salary after exemptions₹ 0
Less: Std deduction (₹50,000)₹ 0
Taxable salary₹ 0
House Property (simplified)₹ 0
Other sources₹ 0
Subtotal (excl. digital)₹ 0
Deductions total₹ 0
Gross taxable (excl. digital)₹ 0
Slab tax (before rebate)₹ 0
Rebate u/s 87A₹ 0
Tax + cess (excl. digital)₹ 0
Digital assets tax + cess₹ 0
New Regime Breakdown
Salary (no exemptions)₹ 0
Less: Std deduction (₹75,000)₹ 0
Taxable salary₹ 0
House Property (simplified)₹ 0
Other sources₹ 0
Employer NPS 80CCD(2)₹ 0
Gross taxable (excl. digital)₹ 0
Slab tax (before rebate)₹ 0
Rebate u/s 87A₹ 0
Tax + cess (excl. digital)₹ 0
Digital assets tax + cess₹ 0
