Income Tax Calculator

Calculate your income tax online with our free Income Tax Calculator. Estimate tax, apply deductions, compare old vs new tax regimes & plan savings easily.

Input
Output

Processing your request

Enter your income and deductions to calculate your tax liability instantly!

India Tax Breakdown
Gross Income

Deductions

Total Tax

Net Income

Effective Rate

US Tax Breakdown
Gross Income

Federal Tax

State Tax

FICA Taxes

Total Tax

Net Income

Effective Rate

The Income Tax Calculator on Calcify presents you to make an estimation of your tax liability relative to your annual income, deductions, and tax slabs. You can input earned income, non-earned income, and deductions to estimate what tax you will pay and what your take home pays for the year will be. This can useful to plan salary, plan investments, or generally try to determine how much is actually going to be kept after tax.

For example, you can enter your yearly salary and common deductions (like PF or other allowed savings), and the calculator will estimate how much tax you may owe for the financial year. Use this Income Tax Calculator before finalizing investments or negotiating CTC. After you’re done, explore more salary and planning tools on Calcify.

FAQs

A web-based calculator which computes your tax liability on income considering income, deductions, and Indian tax slabs.

It computes tax by charging the right slab rates over your taxable income after deduction and exemption.

Yes, this tax calculator shows a comparison of payable tax under both regimes to help you choose the better option.

Yes, you can invest in instruments like PPF, ELSS, LIC premiums under Section 80C to the tune of ₹1.5 lakh.

Yes, it is useful for salaried individuals, freelancers, businessmen, and consultants.

Yes, input your HRA received and rent paid to see applicable exemptions.

The calculator is updated periodically to maintain the latest tax slabs and budget announcements.

Yes, the calculator provides your net payment after subtracting taxes.

Yes, it is absolutely free from registration or login.

Though it will help you calculate your tax, you'll need to cross-check with other appropriate ITR filing software for correct filing.

Responses (0)

No Comment Right Now!

Recommended Tools

salary-calculator

Salary Calculator

Calculate your monthly and annual pay with our salary calculator. Get instant salary estimations with this pay calculator for the US, factoring in holidays and leaves.

View Here
lease-calculator

Lease Calculator

Calculate your lease payments instantly with our Lease Calculator. Accurate car lease, equipment lease, and auto loan lease payment estimates online for free.

View Here
loan-calculator

Loan Calculator

Use our Loan Calculator to estimate EMI, total interest, and repayment cost for personal, home, auto, or business loans. Fast, free, and accurate results.

View Here