Free Income Tax Calculator | Unit Converters
₹41,600
Taxable Income
₹8,50,000
Income Tax
₹40,000
Cess (4%)
₹1,600
Take Home
₹9,58,400
How It Works
1
Enter Details
Income, regime, deductions
2
Calculate Tax
Get tax liability and take-home
TAX
Income Tax
Frequently Asked Questions
1
What is the difference between old and new tax regime?
New regime has lower tax rates but fewer deductions, while old regime has higher rates but more deduction options.
2
What is Health and Education Cess?
It's an additional 4% tax levied on the total income tax amount to fund health and education initiatives.
3
What deductions can I claim?
Common deductions include 80C (₹1.5L), 80D (health insurance), HRA, home loan interest, etc.
Reverse Conversion
unit to loan-calculators →Popular Converters
Quick Reference
📏1 meter
3.28 feet⚖️1 kilogram
2.2 pounds🌡️0°C
32°F🥤1 liter
0.26 gallon