Income Tax Calculator (India)
This Income Tax Calculator helps you quickly estimate how much income tax you need to pay in India based on your annual taxable salary. It uses the new tax regime slabs, applies the Section 87A rebate, and includes Health and Education Cess, giving you a clear and reliable tax estimate. This tool is designed for salaried individuals who want to understand their tax liability without dealing with complex calculations.
Income Tax Calculator
Estimate your income tax liability instantly under the new tax regime in India.
What This Income Tax Calculator Does
This Income Tax Calculator helps you calculate your total income tax payable in India based on your annual taxable salary. It uses the latest new tax regime slabs, applies the Section 87A rebate, and includes Health & Education Cess, giving you a clear estimate of your final tax amount as per the Income Tax Department – New Tax Regime slabs
This calculator is designed specifically for salary income and does not include business income, capital gains, or investment-based deductions.
How to Use the Income Tax Calculator
Enter your annual taxable income.
Click the Calculate button.
View your total income tax payable, including cess.
Who Should Use This Calculator
Salaried employees in India
Job seekers comparing salary offers
Professionals estimating yearly tax liability
Individuals planning take-home salary
How Income Tax Is Calculated (New Tax Regime)
The calculator applies income tax based on the new tax regime slabs. If your income is eligible for Section 87A rebate, the tax amount becomes zero. After this, 4% Health & Education Cess is applied to arrive at the final tax payable.
Important Notes & Assumptions
This calculator uses the new tax regime only.
No deductions under Section 80C, 80D, or HRA are included.
Results are estimates and may differ from actual tax calculations.
Applicable only to salary income.
Why Understanding Your Income Tax Matters
Knowing how much income tax you need to pay is essential for making informed salary decisions. Many salaried individuals focus only on gross salary, but the actual tax liability directly affects how much money you retain throughout the year.
By estimating your income tax in advance, you can better plan your monthly expenses, evaluate job offers more accurately, and avoid surprises at the end of the financial year. A clear understanding of tax payable also helps when calculating take-home salary or comparing different compensation structures.
This calculator simplifies income tax estimation so you can focus on salary planning without needing detailed tax knowledge.
FAQ(Frequently asked questions)
Is this income tax calculator accurate?
Yes, it follows the official new tax regime slabs and rebate rules.
Does this calculator include tax deductions?
No, deductions and exemptions are not included.
Is Health and Education Cess included?
Yes, 4% cess is included in the final tax amount.
Can I use this for salary planning?
Yes, it helps estimate tax before calculating take-home salary.
Is this calculator applicable for business income?
No, it is only for salaried income.
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