XAVIER FINANCIAL SERVICES PVT LIMITED We Believe in Diversity

Income Tax Calculator

Use our income tax calculator to calculate tax payable on your income for FY 2024-25 (old tax regime vs new tax regime) as per Union Budget 2024, FY 2023-24, and FY 2022-23 in a few simple steps.

Check how much income tax you need to pay

1 Basic details
2 Income details
3 Exemptions
4 Capital gains
5 Deductions

My city is a

My house is

My earning comes from

Income details:

Monthly Annual

Other income details:

No Yes

Income from interest on savings

Interest on deposits

Income from rentals

Income from any other source

Monthly Annualy

Equity investments

Capital gains arising from short term investments in Equity.

Short term ( < 1 year)

Long term (>= 1 year)

Debt investments

Capital gains arising from short term investments in Debt instruments.

Short term ( < 1 year)

Long term (>= 1 year)

Unlisted shares

Capital gains arising from short term investments in Unlisted shares.

Short term ( < 1 year)

Long term (>= 1 year)

Real estate or Land

Capital gains arising from short term investments in Real Estate or Land.

Short term ( < 1 year)

Long term (>= 1 year)

Basic Deductions - 80C deductions (max. allowed 1.5L)

Amount invested in PPF, VPF, FDs, ELSS funds, Term insurance, LIC, etc.

PPF (Public provident fund)

Fixed deposits

ELSS mutual funds

Term insurance

Health insurance premium - 80D

For self,family, parents

Premium for (self/family)

Premium for parents

NPS investment - 80CCD(1B) (max. 50,000)

This is over and above the investment limit of 1.5 lacs unders section 80C

Premium for (self/family)

Interests on loans - 80E/80EEA

Interest on Education loan, Home loan

Interest on education loan

Self occupied home loan

Rented property home loan

Donation to charities - 80G

Mention those eligible for tax deduction

Donations made to charity

What you get:

Tax exemptions Taxable income Deductions

What you get:

Select tax regime

Old regime
New regime

Taxable income	Tax deductions	Tax payable
₹0	₹0	₹0

Invest for retirement & save ₹62,400 in taxes every year

Invest in NPS