Income Tax Calculator

Income Tax: New vs Old Regime (FY 2024–25)

Your Name

Annual Gross Salary (₹)

Standard Deduction (₹50,000 for salaried)

80C (max ₹1,50,000)

80D (health insurance)

NPS 80CCD(1B) (max ₹50,000)

Home-Loan Interest (self-occupied, max ₹2,00,000)

Based on FY 2024–25 slabs with 4% cess & 87A rebate (₹7L new, ₹5L old). Salaried standard deduction ₹50,000.

New Regime

₹0

Old Regime

₹0

Income Tax Comparison Report

New Regime Tax:

Old Regime Tax:

Generated by Punjab Notification — FY 2024–25 slabs, 4% cess, 87A rebate (₹7L new / ₹5L old).