Updated the calculator considering marginal relief under the new tax regime
Findtax.in Income Tax Calculator for FY 2024-25
Effortlessly compare your tax liability under both the Old and New Regimes and find out which one is more beneficial for you!
✅ Simply enter your Actual Income and Deductions in the highlighted cells — the calculator will do the rest!
Unique Features of this Tax Calculator :
- Calculates tax for all age groups (including Senior and Super Senior Citizens)
- Supports Resident and Non-Resident Individuals
- Auto-applies Marginal Relief under the New Regime wherever applicable
- Highlights the beneficial regime (Old vs New) based on your inputs
- Includes a separate HRA Exemption Calculator
- Handles Surcharge calculations where applicable
📥 Download the Tax Calculator Excel File here: 👉 Click here to download the Excel Tax Calculator (FY 2024-25)
Instructions:
- Download the Excel file from the link above.
- Enter your Income and Deductions only in the highlighted cells.
- Instantly view your tax calculation under both regimes and identify the most tax-efficient option!
Disclaimer: This calculator provides a quick and basic tax estimate for resident and non-resident individuals across all age groups, with income taxable at normal rates. It
may not cover all scenarios. For accurate tax computation and return filing, please refer to the applicable Acts, Rules, and regulations.
Dear Sir/Madam
Kindly intimate the charges for this calculator and how to operate it.
Warm Regards
Sir,
Please provide me ITR-2 and ITR-3 for FY 2025-26 in EXCEL Format
we have received Ex-Gratia amount from our company, where we can show this amount in ITR and please advise ex-gratia is taxable amont.
Excellent
Right idea
In the above example in new regime tax has been calculated as Rs. 14560 above Rs.7 lac (14000+4 percent). It is not clear as earlier the tax was calculated as 14000 X 10 percent is equal to 1400+4 percent i.e. 1456 only as against rs 14560 which is actually balance salary after rs. 7 lac.
I shall request to please clarify the above and oblige
Thanks
Unable to enter my income details