TaxPlanner India

Indian income tax calculator — FY 2024-25

1Profile

2Income

3Deductions

4Capital Gains

5Result

Your Profile

This determines which tax slabs apply to your income.

Age Group

Tax Regime

Fiscal Year

Income Details

Annual figures in Indian Rupees (₹). Leave blank if not applicable.

Annual Gross Salary

₹

Basic Salary

₹

HRA Received

₹

Other Income

₹

Interest Income (FD, savings)

₹

Rental Income

₹

Deductions

Old Regime only — enter what you have actually invested or paid.

Section 80C Max ₹1,50,000

₹

₹0₹0 / ₹1.5L

NPS 80CCD(1B) — additional Additional ₹50,000

₹

Health Insurance 80D — Self & Family Max ₹25,000

₹

Health Insurance 80D — Parents Max ₹25,000

₹

Parents are senior citizens (limit: ₹50,000)

Education Loan Interest 80E No limit

₹

Home Loan Interest — Section 24b Max ₹2,00,000

₹

HRA Details

I pay rent

Capital Gains

Leave blank if you have not sold any investments. Gains are taxed separately from salary income.

Equity STCG

Taxed at 20%

Stocks / equity mutual funds sold within 12 months

₹

Equity LTCG

12.5% above ₹1.25L

Stocks / equity mutual funds held over 12 months

₹

Real Estate LTCG

12.5% (no indexation)

Property held over 24 months — Budget 2024 rules

₹

Calculation History

Tax Optimization

Pro

Complete the calculator first, then click below to identify savings opportunities.

Upload Documents

Form 16

From your employer — contains TDS and salary breakdown.

Choose File

Payslip

Monthly salary slip — we will extract income components automatically.

Choose File

ITR Filing Guide

1

Collect your documents

Form 16, AIS/TIS from incometax.gov.in, bank statements, investment proofs (ELSS, PPF, LIC receipts).

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2

Choose the right ITR form

ITR-1 (Sahaj) — salaried, one employer, income <₹50L. ITR-2 — capital gains or multiple sources. ITR-3 — business income.

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3

Reconcile with AIS

Log in to incometax.gov.in → AIS/TIS. Ensure all income matches what is pre-filled. Fix discrepancies before filing.

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4

Select your regime

Use this app's comparison above. Salaried employees can switch each year. Business owners are locked in once they choose the old regime.

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5

File on incometax.gov.in

e-File → Income Tax Returns → File ITR. Deadline: 31 July 2025 for non-audit cases.

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6

e-Verify within 30 days

Aadhaar OTP · Net Banking · DSC. Your return is invalid without e-verification. Complete this immediately after filing.

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