Tax Saving Calculator
Should you choose the Old or New Tax Regime? Enter your income and deductions to find out the most beneficial tax plan for FY 2024-25.
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Income Details
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Interest, rental income, etc.
Standard deduction of ₹50,000 is automatically applied to both Old and New regimes for salaried individuals.
2
Tax Deductions (Old Regime Only)
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ELSS, PPF, EPF, LIC (Max 1.5L)
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NPS Tier 1 (Max 50k)
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Health Insurance Premium
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Calculated HRA Exemption
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Section 24(b) (Max 2L)
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Max 2,500/year
Recommended Regime
New Regime
Saves ₹520.00 in taxes
Old Regime Tax₹75,920.00
With ₹3,47,500.00 deductions
New Regime Tax₹75,400.00
Without exemptions
Investment Recommendations
The New Tax Regime is more beneficial for you. You don't need to make extra tax-saving investments just to save tax.