Income Tax India has released an Income Tax Calculator as per the Existing New Tax Regime and as per Finance Act 2025.
CA Pratibha Goyal | Feb 22, 2025 |
Income Tax Calculator: Tax Comparison as per Existing New Tax Regime and as per Finance Act 2025
The Income Tax Department has released an Income Tax Calculator for Tax Comparison as per the New/Old Tax Regime as per the Finance Act 2025.
The calculator is for Individual Tax Payers.
Taxpayer is required to enter Taxable income other than special rate incomes like short-term capital gain u/s 111A and Long Term Capital Gain u/s 112A etc.
The Calculator will calculate Total tax as per existing rates (F.Y 2024-25), Total tax as proposed by Finance Bill 2025 (F.Y. 2025-26) and Net tax savings
The Taxes will be calculated, including Surcharge and Health & Education cess.
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