A New Tax Calculator has been put on the e filing website , Enter age, income and total exmptions .
It will tell you how much to pay in which tax regime and which regime is better
| Disclaimer: This calculator is only meant to provide a basic idea of the estimated impact of the new provisions. Refer to the Income Tax Provisions for the actual provisions and eligibility.All tax calculations (includes cess) are excluding Surcharge & Total Eligible Exemptions / Deductions are assumed to be Zero in New Regime# Not applicable for any Income with special rates* Deductions and Exemptions eligible as per Old regime |