An Income Tax Calculator is an online tool that helps you quickly estimate the tax payable on your income based on current tax laws and your financial details.
An Income Tax Calculator simplifies tax estimation, saving time and reducing errors—ideal for all users, especially with changing tax laws.
Formula:
Income Tax = (Gross Income – Deductions) × Tax Rate – Rebate + 4% Cess
Let's understand how Sperso Filings's Income Tax Calculator helps individuals make smarter tax decisions.
Conclusion:
Under the New Regime, this individual saves ₹44,200.
Sperso Filings's Tax Calculator instantly shows which regime saves you more — accurately and effortlessly.
Yes, the calculator compares both regimes side by side for easy choice.
Updated tax slabs, deductions, and rebates for accurate calculations.
Manual methods may miss updated slabs or rebates; our calculator is always current and error-free.
Automatically applies correct slabs and cess, excluding old exemptions for quick estimates.
Deductions like 80C, 80D, HRA, home loan interest, LTA, etc., to lower taxable income.