Income Tax Calculator FY 2024-25
Select Tax Scheme
New
Old
Particulars
Details
Amount(Rs)
Gross Income(CTC)
Salary, Bonus, Allowances, Other income etc
HRA Exemptions us/ 10A
HRA Calculation [
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Other Exemptions u/s 10A
Medical, Conveyance etc
Profession Tax
Professional Tax
Net Income under Salaries
Gross Income - Exemptions
Deductions u/s 80 C
Investments in PF, PPF, Life Ins, ELSS etc
Deductions u/s 80 CCG
Investments in RGESS (50% of Investments)
Deductions u/s 80D
Medical Insurance Premium (Self, Parents)
Tax Benefit u/s 24
Interest Paid on Home Loan (Max 2L)
Tax Benefit u/s 80EE
First Time Home Buyer (Rs.50000) in period [2016-2017]
Tax Benefit u/s 80CCD
For Additional Contribution to New Pension Scheme (Max Rs.50000)
Total Deductions/Benefits
Taxable Income
Tax payable on this income
0
Tax Slab
Slab Income
Tax Rate
Tax Amount
Income Tax Payee Type
Male, Female, Sr. Citizen>60 years, Very Sr. Citizen>80 years
Male
Female
Senior Citizen
Very Senior Citizen
0
0
0%
-
0
0
5%
0
0
0
20%
0
0+
0
30%
0
Tax on Total Income
0
Surcharge
10% on Tax if Income Rs. 50 lakh to Rs. 1cr
15% on Tax if Income between Rs. 1cr and Rs. 2cr
25% on Tax if Income between Rs. 2cr to Rs. 5cr
37% on Tax if Income > Rs. 5cr
0
Tax with Surcharge
0
Education Cess
4%
0
Tax with Cess
0
Tax Credit
Upto Rs.2000 if Taxable Income < Rs. 5 lakhs
0
Tax Liability
0
Income Tax Ratio
Monthly Income
Gross Income/12
0
Monthly Tax (Appx TDS)
Tax Liability/12
0
Income Tax Ratio
Tax Liability/Gross Income
.00%
Particulars
Details
Amount(Rs)
Gross Income(CTC)
Salary, Bonus, Allowances, Other income etc
Net Taxable Income
Gross Income - Standard Deduction