Indian Income Tax Calculator for FY 2022-23 / AY2023-24
Use this calculator to estimate your income tax liability for the current financial year.
Exemptions:
Deductions:
Estimated Tax Liability:
Instructions for using the Indian Income Tax Calculator :
- Enter your total annual income in the “Annual Income” field – this include income from all sources
- Provide any applicable exemptions, such as the House Rent Allowance (HRA), in the corresponding input field.
- Enter deductions under Section 80C (Investments, insurance, etc.) and Section 80D (Medical Insurance) in their respective input fields.
- Click the “Calculate Tax” button to estimate your tax liability based on the given inputs.
Please note that this calculator provides an estimate and should not be considered as actual tax advice.
Income Tax Slabs for FY 2022-2023 / AY2023-2024 per recent notification:
| Total Income (₹) | Rate |
| From 0 to 7,50,000 | 0% |
| From 7,50,001 to 10,00,000 | 15% |
| From 10,00,001 to 12,50,000 | 20% |
| From 12,50,001 to 15,00,000 | 25% |
| Above 15,00,000 | 30% |
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