Income Tax Calculator – Calculate Your Tax Liability
Instantly estimate your income tax liability as per Indian tax slabs. Enter your annual income to get results!
Calculate Income Tax Instantly
₹0Tax Payable
→
₹0Post-tax Income
Income Tax
Income tax is a tax levied by the government on the income earned by individuals and businesses. In India, tax is calculated based on income slabs and applicable rates.
How to use this calculator?
Enter your Annual Income.
The calculator will show you the tax payable and your post-tax income as per the basic slabs (old regime)..
Income Tax Formula
0-2.5L: 0%
2.5-5L: 5%
5-10L: 20%
10L+: 30%
Example: If your annual income is ₹6,00,000, your tax will be ₹32,500 and post-tax income will be ₹5,67,500.
Frequently Asked Questions (FAQ)
What are the current tax slabs?
The calculator uses the old regime slabs for demonstration. Actual slabs may change as per government rules.
Does this include cess and surcharge?
No, this is a basic estimate. For exact tax, consult a tax advisor or use the official IT portal.
Can I use this for business income?
This calculator is for individual salaried income only.
For more details, consult a tax advisor or refer to the Income Tax Department website.