Yes. A 4% Health & Education Cess applies on total tax.

Income Tax Calculator (India)

Q: Which tax regime is better?

If you claim high deductions, Old Regime may be better. Otherwise, New Regime usually results in lower tax.

Q: Is this calculator exact?

This gives an estimate. Actual tax may vary based on surcharge, rebates, and exemptions.

Use this free Income Tax Calculator to compare Old vs New Regime, calculate slab-based tax, 4% health & education cess, and net income instantly.

Annual Gross Income (₹)

Deductions (80C, 80D etc.) – Old Regime (₹)

Tax Regime

How Income Tax is Calculated in India

Income tax is calculated using slab rates defined by the Government of India. Under the Old Regime, deductions such as Section 80C and 80D reduce taxable income. The New Regime offers reduced slab rates but limited deductions. A mandatory 4% Health & Education Cess is applied on total tax.

FAQs

Which tax regime is better?

If you claim high deductions, the Old Regime may reduce your tax liability. Otherwise, the New Regime often results in lower overall tax.

Is this calculator exact?

This calculator provides an estimate based on slab rates. Actual tax may vary due to surcharge, rebates, exemptions, and special cases.

Is cess mandatory?

Yes. A 4% Health & Education Cess is mandatory and applied to the total tax payable.