Free Indian Tax Calculators FY 2024-25

1. Open Take Home Calculator
2. Enter the offered CTC
3. See monthly in-hand after all deductions
4. Compare Old vs New regime
5. Use HRA Calculator if you pay rent

1. Open GST Calculator
2. Enter the base invoice amount
3. Select GST rate (5/12/18/28%)
4. Choose Intra-state (CGST+SGST) or Inter-state (IGST)
5. Get exact tax amounts for your invoice

1. Open TDS Calculator
2. Enter the payment amount
3. Select Section 194J (professional fees)
4. Get TDS amount to deduct
5. Note the deposit deadline — 7th of next month

1. Open Income Tax Calculator
2. Enter gross annual income
3. Enter 80C investments (PPF, ELSS, LIC)
4. Enter HRA exemption if applicable
5. See which regime saves more money

Yes — all calculators reflect FY 2024-25 tax rules including Budget 2024 changes: New Regime standard deduction increased from ₹50,000 to ₹75,000, Section 87A rebate updated, and all income tax slabs as applicable from April 1, 2024. The calculators are updated after every Union Budget.

The New Regime (default from FY 2024-25) has lower slab rates and a higher standard deduction of ₹75,000, but does not allow most deductions like 80C, HRA, and NPS. The Old Regime allows deductions up to ₹1.5 lakh under 80C, HRA exemption, NPS deduction under 80CCD, and others. The Old Regime is better if your total deductions exceed ₹3-4 lakh. Use our Income Tax Calculator to see which regime saves more for your specific situation.

Take-home salary = CTC minus employer PF contribution (12% of basic, typically 40% of CTC, capped at ₹1,800/month) minus income tax (TDS) minus professional tax (₹200/month in most states). The basic-to-CTC ratio varies by company. Our calculator uses 40% of gross as basic, which is the most common structure. For precise calculation, enter your actual basic salary and components.

TDS must be deducted when making payments above threshold limits: professional/technical fees above ₹30,000/year (Section 194J at 10%), contractor payments above ₹30,000 single or ₹1 lakh aggregate (Section 194C at 1-2%), rent above ₹2.4 lakh/year (Section 194I at 10%), and interest on loans (Section 194A at 10%). Deposit TDS by the 7th of the following month.

Only four cities qualify as metro cities for HRA exemption under Section 10(13A): Delhi, Mumbai (including Thane and Navi Mumbai), Chennai, and Kolkata. In these cities, 50% of basic salary is used for the HRA exemption calculation. All other cities — including Bangalore, Hyderabad, Pune, and Ahmedabad — use 40% of basic salary.

Yes — My Accountant is an AI agent that answers Indian tax and salary questions in plain English. Ask "My CTC is ₹18L, what is my take home?" or "Should I choose Old or New tax regime with ₹1.5L in 80C investments?" and get the exact numbers instantly. The AI understands natural language but uses these same deterministic calculators for all math — so the answers are always correct.