Income Tax Estimator (New Regime)
Rough calculation of your tax outgo under the new regime slabs, including cess. Rounded and simplified – always cross-check before filing.
Tax · India · New regime
Income Tax Estimator (New Regime)
Quick view of estimated tax under the latest new-regime slab structure. Rounded, for education only.
Total estimated tax₹ 62,400Effective rate ~ 5.2% of taxable income
Annual gross income
Salary + bonus + other taxable income before deductions.
₹ 12,00,000
Deductions (if any)
EPF/PPF/ELSS etc. For new regime this is usually minimal.
₹ 0
Note
This tool focuses on the new regime slabs only and ignores rebates, exemptions, special income (LTCG, STCG etc.) and surcharge variations. Always cross-check with a CA or official e-filing portal before filing.
Taxable income₹ 12,00,000
Income-tax as per slabs₹ 60,000
Surcharge (approx.)₹ 0
Cess @ 4%₹ 2,400
Total tax outgo₹ 62,400
Slab overview (new regime)
- • ₹ 0 to ₹ 4,00,000: 0% rate
- • ₹ 4,00,000 to ₹ 8,00,000: 5% rate
- • ₹ 8,00,000 to ₹ 12,00,000: 10% rate
- • ₹ 12,00,000 to ₹ 16,00,000: 15% rate
- • ₹ 16,00,000 to ₹ 20,00,000: 20% rate
- • ₹ 20,00,000 to ₹ 24,00,000: 25% rate
- • ₹ 24,00,000 and above: 30% rate