Advanced Income Tax Calculator
Estimate your income tax liability for FY 2023-24 (AY 2024-25) with detailed breakdowns and tax slab visualization
Your Income Details
₹
New Regime
Old Regime
Custom
Deductions & Exemptions
₹1,50,000
Your Tax Breakdown
Total Tax Liability
₹78,000
Amount you need to pay for the financial year
Effective Tax Rate
8.67%
Percentage of income paid as tax
Take Home Pay
₹8,22,000
After deducting taxes from your income
Detailed Tax Calculation
| Component | Amount (₹) |
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Deductions Summary
Tax Optimization Summary
You are using the New Tax Regime with ₹9,00,000 annual income.
Your tax liability is ₹78,000 (8.67% of income).
Consider switching to the Old Regime to save up to ₹15,000 if you have more deductions.