Income Tax Calculator
by Zoho PayrollCurrent FY(2024-2025) | Next FY(2025-2026) |
Components | Old Tax Regime | New Tax Regime |
---|---|---|
Total Gross Income | ||
Total Eligible Deductions | ||
Taxable Income | ||
Tax on Taxable Income |
Show BreakUp
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Show BreakUp
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Less: Rebate Under Section 87A(a) | ||
Less: Relief Under Section 87A(b) | ||
Total Tax on Income | ||
Surcharge | ||
Health and Education Cess
(4% of Tax on taxable Income + Surcharge)
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Total Tax to be Paid |
Components | Old Tax Regime | ||||
---|---|---|---|---|---|
Total Gross Income | |||||
Total Eligible Deductions | |||||
Taxable Income | |||||
Tax on Taxable Income |
Show BreakUp
×
|
||||
Less: Rebate Under Section 87A(a) | |||||
Less: Relief Under Section 87A(b) | |||||
Tax on Total Income | |||||
Surcharge | |||||
Health and Education Cess (4% of Tax on taxable Income + Surcharge) |
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Total Tax to be Paid |
Components | New Tax Regime | ||||
---|---|---|---|---|---|
Total Gross Income | |||||
Total Eligible Deductions | |||||
Taxable Income | |||||
Tax on Taxable Income |
Show BreakUp
×
|
||||
Less: Rebate Under Section 87A(a) | |||||
Less: Relief Under Section 87A(b) | |||||
Tax on Total Income | |||||
Surcharge | |||||
Health and Education Cess (4% of Tax on taxable Income + Surcharge) |
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Total Tax to be Paid |
Salary slab | Age less than 60 | Age 60 - 80 | Age above 80 |
---|---|---|---|
0 - 2.5 L | 0% | 0% | 0% |
2.5 - 3 L | 5% | 5% | 0% |
3 - 5.0 L | 5% | 5% | 0% |
5.0 - 10.0 L | 20% | 20% | 20% |
10.0 L and above | 30% | 30% | 30% |
Salary slab | New tax regime |
---|---|
0 - 3 L | 0% |
3 - 7 L | 5% |
7 - 10 L | 10% |
10 - 12 L | 15% |
12 - 15 L | 20% |
15 L and above | 30% |