Free Income Tax Calculator

Calculate Your Income Tax Quickly and Accurately

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  1. Enter your annual income.
  2. Choose the tax regime (Old or New).
  3. Provide deductions for Standard Deduction, 80C, 80D, and HRA (Old Regime only).
  4. Click "Calculate Tax" to see results.
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What is an Income Tax Calculator?

An Income Tax Calculator is an online tool that helps you estimate the amount of income tax you need to pay based on your earnings and applicable tax rules.

How do I use the Income Tax Calculator?

Simply enter your annual income, select your country or tax jurisdiction, provide any deductions or exemptions, and the calculator will estimate your tax liability.

Is the Income Tax Calculator accurate?

The calculator provides an estimate based on current tax laws and rates, but actual tax liability may vary due to specific circumstances or changes in tax regulations.

Is the Income Tax Calculator free to use?

Yes, the Income Tax Calculator is completely free to use without any registration or fees.

Can this calculator handle deductions and exemptions?

Yes, most income tax calculators allow you to input common deductions and exemptions to get a more accurate estimate.

Income Tax:

Income Tax is a tax imposed by the government on individuals and businesses based on their earnings or profits.It is one of the primary sources of revenue for governments and is used to fund public services like healthcare, education, infrastructure, and defense.

Types of Income Tax:

  • Personal Income Tax : Tax paid by individuals on their salary, wages, business income, and other earnings.
  • Corporate Income Tax : Tax paid by businesses on their profits.
  • Capital Gains Tax : Tax on profits from selling assets like stocks, property, or investments.
  • Withholding Tax : Tax deducted at the source, such as TDS (Tax Deducted at Source) in some countries.