Income Tax Calculator Australia (2024-25)
Not sure which tax regime to choose? Our tax calculator instantly compares your tax liability, highlights your potential savings, and gives you actionable investment insights. Note: Defaults to standard regional estimates.
Rs.
Investment deductions (old regime)
Rs.
Rs.
Rs.
New Regime
₹71,500
Saves ₹40,300Old Regime
₹1,11,800
Comparison breakdown
Standard Deduction
New₹75,000
Old₹50,000
Taxable Income
New₹11,25,000
Old₹9,75,000
Effective Tax₹71,500
Tax saving insights
- You are currently using the New Regime. If you have high HRA or 80C/80D investments, you might save more in the Old Regime.
- Investing in NPS (Section 80CCD) can provide an additional Rs. 50,000 deduction in the Old Regime.
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