Income Tax Calculator FY: 2023-2024

Gender

Age




Salary before reducing exemptions (HRA, LTA), Standard Deduction & Professional Tax
HRA, LTA, Other Sec 10 Exemptions etc
Standard Deduction & Profession Tax
Includes interest from savings bank, deposits and other interest
Includes any other taxable income
Final income from Let-Out property
Amount invested in tax saving instruments such as PPF, ELSS mutual funds, LIC premium, etc.
Final loss from Self-Occupied/Let-Out property
Medical premium & preventive health checkup fees paid for self & family including parents

For Parents

Senior Citizen

For Self/Family

Upto Rs. 25K. Additional Rs. 25K for Sr. Citizens
Upto Rs. 25K. Additional Rs. 25K for Sr. Citizens
Upto Rs. 5K.
Upto Rs. 5K.
Amount of interest income on deposits in savings account (includes fixed/recurring deposit interest in case of senior citizen)
Amount paid as donation to charitable insitutions or certain recognized funds
Amount of interest paid on loan taken for higher education
Amount of Interest paid on housing loan sanctioned during FY 16-17 for Sec 80EE or from FY 19-20 to FY 21-22 for Sec 80EEA
Amount of interest paid on electric vehicle loan sanctioned from FY 19-20 to FY 22-23
Includes voluntary contribution to National Pension Scheme (NPS) under section 80CCD(1B)
Any other deduction u/s 80DD, 80DDB, 80U, 80CCD(2), etc. upto the amount eligible for deduction in respective sections.

Tax Computation

New Regime
(Amt in INR)
Old Regime
(Amt in INR)
Gross Total Income

0

0

Deductions

0

0

Taxable Income

0

0

Tax on Total Income

0

0

Less : Section 87A Relief

0

0

Surcharge

0

0

Health & Education Cess

0

0

Tax Payable

0

0

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