Income Tax Calculator
Compare Old vs New tax regime side-by-side and see exactly which one saves you more, with a full breakdown.
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Smart Tax Calculations Made Simple
Free tax, salary, and finance calculators designed to help individuals and professionals make informed decisions.
Updated for FY 2025-26
Step-by-step explanations
No login needed
Built on official tax rules
Featured Calculators
Start with our most-used tools. Every calculator shows its full working, not just a number.
HRA Exemption Calculator
Find out how much of your House Rent Allowance is tax-exempt based on your salary, rent, and city.
Notify me →In-Hand Salary Calculator
Convert your CTC into actual monthly take-home pay after PF, taxes, and other deductions.
Notify me →SIP Calculator
Estimate the future value of your monthly mutual fund investments with compounding.
Notify me →Home Loan EMI Calculator
Calculate your monthly EMI, total interest, and amortization schedule for any home loan.
Notify me →EPF Maturity Calculator
Project your Employee Provident Fund balance at retirement based on current contributions.
Notify me →Recent Tax Articles
Plain-English explainers on Indian tax rules, written so you don't need a CA to understand them.
Old vs New Tax Regime: Which One Should You Choose in FY 2025-26?
A practical, income-bracket-by-income-bracket breakdown of when each regime actually saves you money.
Section 80C Explained: Every Investment That Qualifies
PPF, ELSS, life insurance, and more — what counts toward your ₹1.5 lakh limit and what doesn't.
How HRA Exemption Is Actually Calculated
The three-part rule most people get wrong, explained with real salary examples.
Frequently Asked Questions
Common questions about using TaxNova's calculators.
Are TaxNova's calculators free to use?
Yes. Every calculator on TaxNova is completely free, with no sign-up, no email capture, and no hidden paywalls. We plan to support the site through limited, clearly-marked advertising rather than charging users.
How accurate are the tax calculations?
Our calculators are built directly on the latest Income Tax Act slabs, rebates, and rules published by the Income Tax Department, and we show every formula used. That said, they're designed for estimation and planning — for your actual tax filing, especially with complex income sources, we recommend confirming with a qualified chartered accountant.
Do you store any of my financial information?
No. All calculations run directly in your browser. We don't ask you to create an account, and your salary or deduction details are never sent to or stored on our servers.
How often are the tax rules updated?
We update every calculator immediately after Union Budget announcements take effect, and each calculator page shows the exact assessment year and "last updated" date it's built for.
Which tax regime should I choose — Old or New?
It depends entirely on how many deductions you claim. Broadly, if you have significant HRA, 80C investments, or home loan interest, the Old Regime often works out cheaper. If you claim few deductions, the New Regime's lower slab rates usually win. Use our Income Tax Calculator to see your exact numbers for both.