- New vs Old Tax Regime Calculator for Employees.
- Old vs New Tax Regime Calculator for monthly TDS Deduction on Salary.
Income Tax Calculator for Employees / Old vs New Tax Regime Calculator / TDS Calculator for monthly deduction. (FY 2020-21 & 2021-22)
Key Features of new vs old tax regime calculator
- Income Tax Calculator as per Old System of Income Tax,
- Income Tax Calculator as per New System of Income Tax,
- Graphical comparison of Old & New System,
- Shows Opportunity for Tax reduction due to unclaimed deductions,
- Can make calculations for any number of Employees,
- Monthly TDS liability calculator for all the Employees,
- Fully automated Tax calculation.
|Annual income||Old tax rate||New tax rate|
|Up to ₹ 2.5 lakhs||Nil||Nil|
|₹ 2.5 lakhs to ₹ 5 lakhs||5%||5%|
|₹ 5 lakhs to ₹ 7.5 lakhs||20%||10%|
|₹ 7.5 lakhs to ₹ 10 lakhs||20%||15%|
|₹ 10 lakhs to ₹ 12.5 lakhs||30%||20%|
|₹ 12.5 lakhs to ₹ 15 lakhs||30%||25%|
|₹ 15 lakhs and above||30%||30%|