Understanding the Income Tax Calculator India FY 2025-26
Our **Income Tax Calculator India** is the most comprehensive tool for salaried professionals, business owners, and retirees. With the latest changes in the Union Budget, choosing the right regime has become a critical financial decision. Our **Old vs New Tax Regime Calculator** helps you visualize the tax savings in seconds.
How is In-Hand Salary Calculated?
Your "Take-Home" or **In Hand Salary Calculator** result is derived by subtracting your total tax liability, Professional Tax, Employee PF (12%), and ESI from your Gross CTC. Using this tool, you can plan your monthly expenses more accurately based on your actual net income.
Regime Comparison
Toggle between regimes to see which one leaves more money in your pocket.
87A Rebate Logic
Fully compliant with the ₹7 Lakh (New) and ₹5 Lakh (Old) tax waiver rules.
ITR Preparation Tool
Get a detailed breakdown that helps you fill your ITR-1 or ITR-2 forms effortlessly.
Why Use our Tax Saving Calculator India?
Tax planning should not be a year-end activity. By using our **Tax Saving Calculator India**, you can estimate how much you need to invest in ELSS, PPF, or Health Insurance (under Section 80C and 80D) to bring your tax liability to zero under the Old Regime.
Step-by-Step: How to Calculate Income Tax?
- Gross Income: Enter your total annual earnings from all sources.
- Exemptions: Add your HRA (House Rent Allowance) or LTA if applicable.
- Deductions: Input your LIC, PF, and Medical Insurance premiums.
- Result: Check your final tax and effective percentage instantly.