What are the new regime slabs for FY 2024-25?

Nil up to Rs 3 lakh; 5% from Rs 3–7 lakh; 10% from Rs 7–10 lakh; 15% from Rs 10–12 lakh; 20% from Rs 12–15 lakh; 30% above Rs 15 lakh. Full rebate up to Rs 7 lakh income.

Which regime is better for salaried employees?

Generally, the New Regime benefits those with few deductions. If your 80C + HRA + home loan interest exceeds Rs 3.75 lakh, the Old Regime is usually advantageous.

Indian Income Tax Slab Calculator (New vs Old Regime)

Calculate Indian income tax under both New Tax Regime (2024-25) and Old Tax Regime. Compares rebate under Section 87A, standard deduction (Rs 75,000), and key deductions (80C, 80D, HRA).

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Annual Rate (%)

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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 both New Tax Regime (2024-25) and Old Tax Regime. Compares rebate under Section 87A, standard deduction (Rs 75,000), and key deductions (80C, 80D, HRA). Use the india income tax result to inform your calculation.

Indian Income Tax Slab Calculator (New vs Old Regime)

How to Use

Frequently Asked Questions

What are the new regime slabs for FY 2024-25?

Which regime is better for salaried employees?