What are the old tax regime slabs for FY 2024-25?

0% up to ₹2.5L; 5% on ₹2.5L–₹5L; 20% on ₹5L–₹10L; 30% above ₹10L. Rebate under Section 87A available if net income is ≤ ₹5L.

What deductions are available in the old regime?

Key deductions: Sec 80C up to ₹1.5L (ELSS, PPF, NPS, insurance), 80D (health insurance), HRA exemption, LTA, and ₹50,000 standard deduction.

India Income Tax Calculator — Old Regime (FY 2024-25)

Calculate Indian income tax under the old regime for FY 2024-25: 0% up to ₹2,50,000; 5% on ₹2,50,001–₹5,00,000; 20% on ₹5,00,001–₹10,00,000; 30% above ₹10,00,000. Allows deductions under 80C (₹1.5L), 80D, HRA, LTA, and standard deduction ₹50,000.

Principal ($)

Annual Rate (%)

Years

Compounding / Year

$ Finance Disclaimer: These calculators are for educational and illustrative purposes only. Results do not constitute financial advice. Consult a licensed financial advisor before making investment or borrowing decisions.

How to Use

Enter the values for the scenario you are assessing. Calculate Indian income tax under the old regime for FY 2024-25: 0% up to ₹2,50,000; 5% on ₹2,50,001–₹5,00,000; 20% on ₹5,00,001–₹10,00,000; 30% above ₹10,00,000. Allows deductions under 80C (₹1.5L), 80D, HRA, LTA, and standard deduction ₹50,000. Use the india income tax old regime result to inform your calculation.

Related Calculators

India Income Tax New Regime

Finance

Compound Interest