How to use the Income Tax Calculator (New Regime)
- 1Enter your annual gross income.
- 2Tick salaried to apply the standard deduction.
- 3Read taxable income, rebate, cess and total tax.
Supported formats and limits
- Slabs: 0–4L nil, 4–8L 5%, 8–12L 10%, 12–16L 15%, 16–20L 20%, 20–24L 25%, above 24L 30%.
- Section 87A rebate makes tax nil up to ₹12 lakh taxable income, with marginal relief just above.
- Surcharge and capital gains are not modelled.
Common uses
- Checking take-home tax for a salary offer.
- Rough planning before filing.
Frequently asked questions
Is this official?
No. It is an estimate; confirm with the income tax portal or a tax professional.