Tax Calculators India 2025

Free tax calculators for Indian taxpayers. Calculate income tax, TDS, GST, and tax savings under Section 80C and 80D. All tools updated for FY 2024-25.

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Understanding Indian Tax System

India follows a progressive tax system where tax rates increase with income. The government offers two tax regimes - old regime with deductions and new regime with lower rates but fewer deductions.

Income Tax Slabs FY 2024-25 (New Regime)

  • ₹0 - ₹3,00,000: No tax
  • ₹3,00,001 - ₹7,00,000: 5%
  • ₹7,00,001 - ₹10,00,000: 10%
  • ₹10,00,001 - ₹12,00,000: 15%
  • ₹12,00,001 - ₹15,00,000: 20%
  • Above ₹15,00,000: 30%

Standard deduction of ₹75,000 is available under the new regime.

Tax Saving Deductions

  • Section 80C: Up to ₹1,50,000 deduction for ELSS, PPF, EPF, NSC, tax-saver FD, life insurance premium, tuition fees, etc.
  • Section 80D: Up to ₹25,000 for health insurance (₹50,000 for senior citizens). Additional ₹25,000/₹50,000 for parents.
  • Section 80CCD(1B): Additional ₹50,000 for NPS contributions.
  • Section 24(b): Up to ₹2,00,000 for home loan interest on self-occupied property.

GST in India

GST (Goods and Services Tax) is an indirect tax on supply of goods and services. Common rates are 5%, 12%, 18%, and 28%. Essential items have lower rates while luxury items have higher rates.

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