Income Tax Calculator (New Regime)

Beyond the standard ₹50,000

Rebates/Credits (Not 87A)

Standard Deduction Included: A fixed ₹50,000 is automatically deducted from your Gross Income as per the New Regime rules.

1. Taxable Income ₹0
2. Tax Liability (Pre-Cess) ₹0
3. FINAL Tax Owed (Incl. 4% Cess) ₹0
NET INCOME (Take-Home) ₹0

Income Breakdown

New Regime Highlights

Rebate 87A: Zero tax if taxable income is up to ₹7,00,000.

Standard Deduction: ₹50,000 flat deduction available for salaried individuals.

Cess: 4% Health & Education Cess applied on the calculated tax.

Calculations are based on FY 2024-25 New Tax Regime.