Income Tax Calculator – New Regime (Individual) · 5 Heads
Editable rules · FY ?
This tool computes total income under five heads (Salary, House Property, PGBP, Capital Gains, Other Sources), then applies New Regime rules you configure below (slabs, rebate, cess, surcharge, standard deduction, etc.). Capital gains are handled at special rates and excluded from slab tax. House-property loss set‑off toggles are provided. Use the Rules panel first.
Rule Set · New Regime (Editable)
Slab Structure (excl. special‑rate gains)
Rebate (u/s 87A‑style)
Permitted Adjustments
Tip: If unsure, keep defaults or click Load sample rules, then adjust.
Salary
Head #1New regime typically allows standard deduction and employer NPS; most other exemptions/deductions are disallowed. Configure above as needed.
House Property
Head #230% statutory deduction applies on Net Annual Value for let‑out. Self‑occupied NAV treated as 0 (configure interest set‑off rule above).
PGBP
Head #3Enter income after tax‑law adjustments (disallowables, depreciation differences, presumptive, etc.).
Other Sources
Head #5Specify any exempt income (e.g., certain interest) that should not form part of total income.
Capital Gains
Head #4 (special rates)| Asset / Note | Type | Amount (₹) | Rate (%) | Indexation? |
|---|
Capital gains here are taxed separately at the specified rate and excluded from slab income. Use multiple lines for different assets (e.g., equity STCG, equity LTCG, debt LTCG, property, etc.).
Computation Summary
Rebate applied: –
Gross Total Income
₹0
Total Income (excl. CG slab)
₹0
Tax on Slab Income
₹0
Tax on Capital Gains
₹0
Surcharge
₹0
Health & Edu. Cess
₹0
Total Tax Payable
₹0
Effective Rate
0%
Note: This calculator is a rule‑driven engine. Always confirm the rule parameters for the relevant FY before using.