Filing ITR in 15 minutes. Let our experts calculate your exact tax liability, compare old vs new regime, and identify every deduction you're eligible for.
Income tax in India is calculated on your "Total Income" — the aggregate of income from all five heads after allowing permissible deductions. The tax is then computed as per the applicable slab rates for the Assessment Year.
India has two tax regimes: the Old Tax Regime (with deductions and exemptions) and the New Tax Regime (lower slab rates, no deductions). Choosing the right regime can significantly impact your tax liability.
Tax calculation for AY 2025-26 (FY 2024-25). The New Tax Regime is the default regime. Individuals must specifically opt for the Old Regime while filing their return.
Basic salary, HRA, allowances, perquisites, Leave encashment, gratuity (taxable portion)
Rent received minus standard deduction (30%) minus interest on home loan
Net profit from business, professional fees, presumptive income under 44AD/44ADA
Short-term (STCG) and Long-term capital gains (LTCG) from sale of assets, shares, mutual funds
Interest (FD, savings), dividends, winnings from lottery, family pension
Compare both regimes to determine which saves you more tax. The right choice depends on your deductions and income level.
| Income Slab | Old Regime Rate | New Regime Rate (AY 2025-26) |
|---|---|---|
| Up to ₹2,50,000 (₹3L for 60+, ₹5L for 80+) | Nil | Nil (up to ₹3 lakh) |
| ₹2,50,001 – ₹5,00,000 | 5% | 5% (₹3L–₹7L) |
| ₹5,00,001 – ₹10,00,000 | 20% | 10% (₹7L–₹10L) |
| ₹10,00,001 – ₹12,00,000 | 30% | 15% (₹10L–₹12L) |
| ₹12,00,001 – ₹15,00,000 | 30% | 20% (₹12L–₹15L) |
| Above ₹15,00,000 | 30% | 30% |
*Plus 4% Health & Education Cess on tax amount. Surcharge applicable on income above ₹50 lakh.
The old regime allows numerous deductions. Claiming all eligible deductions can significantly reduce your tax liability.
Investments up to ₹1.5L: PPF, ELSS, LIC, EPF, NSC, home loan principal
Health insurance premium: ₹25K (self/family), ₹50K (senior citizen parents)
Interest on home loan: up to ₹2L for self-occupied property
Interest on education loan — no upper limit, for 8 years
Donations to approved funds: 50%–100% deduction
Interest income for senior citizens: up to ₹50,000 exempt
We don't just compute your tax — we optimise it. Our experts compare both regimes and choose the one that saves you more.
Provide Form 16, bank statements, investment proofs, rent receipts, and loan certificates.
Our CA computes income under all applicable heads — salary, house property, capital gains, other sources.
We identify and apply every eligible deduction under Chapter VI-A to minimize your taxable income.
We calculate tax under both old and new regime and recommend the one that results in lower tax.
You receive a detailed computation sheet showing gross income, deductions, taxable income, and final tax payable.
We file your return with the optimized tax computation and assist with e-verification.
Accurate tax computation, regime comparison, and optimised ITR filing. Starting at just ₹399.