Tax Calculator (for India)

Often people are confused about how much tax they are supposed to pay and how much their effective monthly or yearly income is. This utility tool is aimed for those who want to calculate tax payable & effective income and plan for appropriate investments. Also, knowing actual income and tax liability helps an individual in better financial planning. Know more on Indian Tax law and rules at: Income Tax Department

Input

Advanced

Basic

Advanced

Basic

If you wish to take EPF/GPF, investments etc. into consideration, click on Advanced option to switch to Advanced Tax calculator.
All amounts are annual amount unless specified otherwise. In new tax regime only a limited number of exemptions are allowed.
   
Results      
Gross Total Income
Net Yearly Income (in-hand)
Net Monthly Income (in-hand)
Deducted for Investment
Yearly Tax
Monthly Tax

Financial Year
Tax Regime
Category
Residence Type
Total Investment
Total Exemption
Net Taxable Income

Income
Investments
Tax Computation Sheet
# Item Sub-item Amount
Tax Slabs
# Annual Taxable Income Tax
Current Yearly Tax
New Yearly Tax
Yearly Savings
Current Monthly Tax
New Monthly Tax
Monthly Savings

Recomm.

Config

Recomm.

Config