Income Tax Calculator

Full India income tax calculation — salary, house property, business and other income; Chapter VI-A deductions; Section 87A rebate with marginal relief; surcharge with marginal relief; and 4% Health & Education Cess.

Income

Deductions (both regimes)

Pre-paid tax

₹97,500

Total tax liability (incl. surcharge & cess)

Gross total income₹15,00,000
Standard deduction₹75,000
Other deductions (Chapter VI-A)₹0
Net taxable income₹14,25,000
Tax on slabs₹93,750
Section 87A rebate-₹0
Health & Education Cess (4%)₹3,750
TDS + advance tax paid₹0
Net payable₹97,500

Slab breakdown

₹0 – ₹4,00,000 @ 0%₹0
₹4,00,000 – ₹8,00,000 @ 5%₹20,000
₹8,00,000 – ₹12,00,000 @ 10%₹40,000
₹12,00,000 – ₹16,00,000 @ 15%₹33,750