Finance
Tax Calculator
Estimate annual income tax under Old vs New regime. Cess 4% applied. Surcharge not included.
Tip: For New regime, set this to 0 (most deductions not applicable).
Taxable Income (New)
₹1,150,000
Estimated Tax
₹85,800
Effective Rate
7.1%
Compare Old vs New (quick glance)
Old Regime
Taxable: ₹1,000,000
Tax + Cess: ₹117,000
New Regime
Taxable: ₹1,150,000
Tax + Cess: ₹85,800
Disclaimer: This is a simplified estimate. Surcharge, rebates, and edge-case rules are not fully covered.