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TAXATION
Income Tax Calculator - FY 2024-25 & 2025-26
Calculate your income tax liability for the latest financial year. Compare old vs new tax regimes and optimize your taxes with our free online tool.
Looking for a quick calculation? Try our free Income Tax Calculator - FY 2024-25 & 2025-26 directly on CalcSuite.
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Frequently Asked Questions
What is the new tax regime?
The new tax regime offers lower tax rates but removes most exemptions and deductions available in the old regime.
How much income is tax-free in India?
Under the new regime, income up to ₹3 lakh is exempt, but a tax rebate makes effective income up to ₹7 lakh tax-free (FY 24-25).
Can I switch tax regimes?
Salaried individuals can choose between regimes every year, but those with business income have limited options.