Income Tax Calculator for Resident Individuals FY 2020-21

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

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

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