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Indian Calculator

Single calculator for EMI, EPF, GST, SIP, Sukanya

Income Tax Calculator

Tax Calculation
New Regime
Default
Gross Income:₹18,00,000
Tax:₹2,39,200
Net Income:₹15,60,800
Effective Rate:13.29%
Old Regime
Optional
Gross Income:₹18,00,000
Deductions:₹0
Tax:₹3,66,600
Net Income:₹14,33,400
Effective Rate:20.37%
Income vs Tax Comparison
Tax vs Net Income
Tax
Net Income
Tax Optimization Recommendation

💡 New Tax Regime is better for you!

You save ₹1,27,400 with the new regime.

Tax Breakdown

Base Tax:₹2,30,000
Health & Edu Cess:₹9,200

Quick Stats

Taxable Income:₹18,00,000
Average Rate:13.29%
Take Home:₹1,30,067/month
Note: This calculation includes Health & Education Cess (4%) and Section 87A rebate where applicable. Surcharge rates apply for higher income brackets. Consult a tax advisor for comprehensive tax planning.

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