Tax Calculator (for India)

Many individuals find it challenging to determine the amount of tax they need to pay and how it impacts their monthly or yearly income. To address this, we have developed a user-friendly utility tool specifically designed for calculating tax payable and effective income. This tool is beneficial for those who wish to plan their investments wisely.

By using our tax calculator, you can obtain accurate information about your actual income and tax liability. This knowledge empowers you to make informed decisions and engage in better financial planning. Additionally, you can access more detailed information about Indian tax laws and regulations on the Income Tax Department website.

Our advanced tax calculator goes a step further by providing personalized recommendations to help you save on taxes. With this valuable tool at your disposal, you can optimize your tax planning strategies and make the most out of your hard-earned money.

Input

Advanced

Basic

Advanced

Basic

If you wish to take EPF/GPF, investments etc. into consideration, click on Advanced option to switch to Advanced Tax calculator.
All amounts are annual amount unless specified otherwise. In new tax regime only a limited number of exemptions are allowed.
   
Results
Gross Total Income
Net Yearly Income (in-hand)
Net Monthly Income (in-hand)
Deducted for Investment
Yearly Tax
Monthly Tax

Financial Year
Tax Regime
Category
Residence Type
Total Investment
Total Exemption
Net Taxable Income

Income
Investments
Tax Computation Sheet
# Item Sub-item Amount
Tax Slabs
# Annual Taxable Income Tax
Current Yearly Tax
New Yearly Tax
Yearly Savings
Current Monthly Tax
New Monthly Tax
Monthly Savings

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If you have questions or suggestions for improving this Tax tool, please write to us at: [email protected]