Tax Calculation Results
Tax Payable:
Potential Tax Savings:
Income Tax Slabs for India
Income Range | Old Regime Tax Rate | New Regime Tax Rate |
---|---|---|
Up to ₹2.5 lakh | Nil | Nil |
₹2.5 lakh to ₹5 lakh | 5% | 5% |
₹5 lakh to ₹7.5 lakh | 20% | 10% |
₹7.5 lakh to ₹10 lakh | 20% | 15% |
Above ₹10 lakh | 30% | 20% |