Income Tax Calculator

FY 2024-25 — Old & New Regime

Currency

Income & Deductions

Annual Income₹12,00,000.00

₹

Tax SummaryNew Regime

Taxable Income

₹12,00,000.00

Tax Amount

₹83,200.00

Effective Rate

6.93%

Take-home Monthly

₹93,066.67

Take-home (93.1%)Tax (6.9%)

Tax calculated as per FY 2024-25 slabs with 4% health & education cess. New regime is default.
For informational purposes only — consult a CA for exact tax liability.