Income Tax Calculator – India

Use the PayTools Income Tax Calculator to estimate your annual income tax and compare the Old vs New Tax Regime. This tool gives a quick and clear comparison to help you choose the better option.

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Frequently Asked Questions

What is the Old Tax Regime?
The old tax regime allows various deductions such as HRA, 80C, and 80D.

What is the New Tax Regime?
The new regime offers lower tax rates but does not allow most deductions.

Disclaimer: This calculator provides an estimate based on standard tax slabs. Actual tax liability may vary depending on individual circumstances and rules notified by the Income Tax Department.