TaxCalc India

Smart Income Tax Calculator

Income Tax Calculator

FY 2023-24 (AY 2024-25) & FY 2024-25 (AY 2025-26)

Tax Slabs Information

Current and Next Financial Year

New Tax Regime (FY 2023-24)

Income Range Tax Rate
Up to ₹3,00,000 0%
₹3,00,001 - ₹6,00,000 5%
₹6,00,001 - ₹9,00,000 10%
₹9,00,001 - ₹12,00,000 15%
₹12,00,001 - ₹15,00,000 20%
Above ₹15,00,000 30%

Old Tax Regime (FY 2023-24)

Income Range Tax Rate
Up to ₹2,50,000 0%
₹2,50,001 - ₹5,00,000 5%
₹5,00,001 - ₹10,00,000 20%
Above ₹10,00,000 30%

Note: Rebate under Section 87A available up to ₹12,500 (₹25,000 for FY 2024-25) for income up to ₹5,00,000 in both regimes.