How do I use the Income Tax Calculator (FY 2024-25)?

Enter your gross annual income. Select your age group and whether you are salaried (for standard deduction). For old regime, add your deductions/exemptions (80C/80D/HRA etc.). Click Calculate to compare new vs old regime tax.

Is the Income Tax Calculator (FY 2024-25) free?

Yes, the Income Tax Calculator (FY 2024-25) on ToolHaven is completely free to use. No signup or registration is required.

Income Tax Calculator (FY 2024-25)

Estimate income tax for FY 2024-25 (AY 2025-26) under the new vs old regime. Includes standard deduction, Section 87A rebate, and 4% Health & Education cess.

Important

This tool estimates slab-based tax for FY 2024-25. It does not model special-rate incomes (capital gains), TDS, or employer-specific payroll. Verify applicable rules before filing.

Gross Annual Income (₹)

Age Group

Salaried / Pension (apply standard deduction)

Standard Deduction (₹)

Old Regime Deductions / Exemptions

Used only for old regime computation (compare mode still shows both).

HRA Exemption (₹)

80C (max ₹1,50,000)

80CCD(1B) NPS (max ₹50,000)

80D Health Insurance (max ₹25,000)

Senior citizen (80D cap ₹50,000)

Home Loan Interest (24b) (max ₹2,00,000)

Other Deductions (₹)

Total old-regime deductions used: ₹0

Include surcharge (if applicable)

How to use

Enter your gross annual income.
Select your age group and whether you are salaried (for standard deduction).
For old regime, add your deductions/exemptions (80C/80D/HRA etc.).
Click Calculate to compare new vs old regime tax.

Related tools:

⚠️

Disclaimer: Results are estimates for informational purposes only and do not constitute financial, tax, or investment advice. Figures may vary based on actual terms. Always consult a qualified financial advisor before making financial decisions.