Income Tax Calculator - India
Note
Employee PF automatically matches Employer PF. Only Employer PF is exempted from taxable income. Both are deducted from take-home.
Standard Exemption (₹50,000 for Old Regime & ₹75,000 for New Regime), Professional Tax (₹2,500), Cess (4%), and Surcharge (for income > ₹50L) are calculated automatically.
Section 87A Rebate: Old Regime up to ₹5L income (max ₹12,500) | New Regime up to ₹12L income (max ₹60,000) with marginal relief.
Exemptions like 80D and NPS are only available in Old Regime.