Income Tax
Income Tax Calculator: How Much Income Tax you need to pay as per your salary? Check Here
Income Tax Calculator FY 2025-26: The government has made changes to the income tax slabs. The budget was released on 1st February 2025 and income up to Rs.12 lac has been made tax-free. This will be applicable from 1st April 2025. But what about individuals earning more than Rs.12 lacs annually? We have created an income tax calculator table as per the new income tax slabs announced in budget 2025, wherein you can check the income tax that individuals need to pay as per their salary.
Income Tax Calculator
Total Income | Tax as per existing rates (Finance (No.2) Act, 2024) | Tax as per proposed rates | Benefit of Rate/Slab | Rebate Benefit | Total Benefit | Tax Payable under new regime |
---|---|---|---|---|---|---|
8 lac | 30,000 | 20,000 | 10,000 | 20,000 | 30,000 | 0 |
9 lac | 40,000 | 30,000 | 10,000 | 30,000 | 40,000 | 0 |
10 lac | 50,000 | 40,000 | 10,000 | 40,000 | 50,000 | 0 |
11 lac | 65,000 | 50,000 | 15,000 | 50,000 | 65,000 | 0 |
12 lac | 80,000 | 60,000 | 20,000 | 60,000 | 80,000 | 0 |
13 lac | 1,00,000 | 75,000 | 25,000 | 0 | 25,000 | 75,000 |
14 lac | 1,20,000 | 90,000 | 30,000 | 0 | 30,000 | 90,000 |
15 lac | 1,40,000 | 1,05,000 | 35,000 | 0 | 35,000 | 1,05,000 |
16 lac | 1,70,000 | 1,20,000 | 50,000 | 0 | 50,000 | 1,20,000 |
17 lac | 2,00,000 | 1,40,000 | 60,000 | 0 | 60,000 | 1,40,000 |
18 lac | 2,30,000 | 1,60,000 | 70,000 | 0 | 70,000 | 1,60,000 |
19 lac | 2,60,000 | 1,80,000 | 80,000 | 0 | 80,000 | 1,80,000 |
20 lac | 2,90,000 | 2,00,000 | 90,000 | 0 | 90,000 | 2,00,000 |
21 lac | 3,20,000 | 2,25,000 | 95,000 | 0 | 95,000 | 2,25,000 |
22 lac | 3,50,000 | 2,50,000 | 1,00,000 | 0 | 1,00,000 | 2,50,000 |
23 lac | 3,80,000 | 2,75,000 | 1,05,000 | 0 | 1,05,000 | 2,75,000 |
24 lac | 4,10,000 | 3,00,000 | 1,10,000 | 0 | 1,10,000 | 3,00,000 |
25 lac | 4,40,000 | 3,30,000 | 1,10,000 | 0 | 1,10,000 | 3,30,000 |
50 lac | 11,90,000 | 10,80,000 | 1,10,000 | 0 | 1,10,000 | 10,80,000 |