👤 Personal Details
Basic exemption: ₹2.5 lakh (Old) / ₹3 lakh (New)
💼 Salary Income
Actual HRA paid by employer in CTC
Metro: 50% of Basic+DA; Non-Metro: 40%
Rent-free house, car, ESOP exercise value etc.
Exempt 2 journeys in 4-year block
Deductible u/s 80CCD(2) — 10%/14% of basic+DA
ℹ Standard Deduction of ₹75,000 (FY 2025-26) is automatically applied for salaried individuals.
🏠 House Property Income
Max ₹2,00,000 deductible u/s 24(b) for self-occupied
🏢 Business / Profession Income
After allowable expenses, depreciation
CA/Doctor/Architect — after expenses
Business turnover ≤₹3Cr — declare 6% (digital) or 8%
Professionals (CA/Doctor etc.) — receipts ≤₹75L
Partner's share is exempt u/s 10(2A) if firm paid tax
📈 Capital Gains
Taxed @20% (Budget 2024); earlier 15%
@12.5% above ₹1.25L exempt (Sec 112A)
Added to income; taxed at slab rate
@12.5% without indexation (post Apr 2023)
Added to income; taxed at slab rate
@12.5% without indexation (Budget 2024)
@12.5% without indexation
Flat 30% u/s 115BBH; no deductions except cost
FEMA + DTAA rules apply; include in Sch FA
💵 Other Sources of Income
₹10,000 exempt u/s 80TTA (₹50K for senior u/s 80TTB)
Fully taxable; TDS by bank if >₹40K/year
Fully taxable at slab rate (since FY 2020-21)
₹15,000 or 1/3rd exempt; balance taxable
Taxable if aggregate >₹50,000; from non-relatives u/s 56(2)
Flat 30% u/s 115BB; no deductions
🏷️ Deductions (Old Regime) / Exemptions (Both Regimes)
Enter applicable deductions. These will be used for Old Regime calculation. New Regime allows only a few specific deductions (80CCD(2), standard deduction).
ELSS, PPF, LIC, NSC, home loan principal, school fees
Over and above 80C; available in both regimes
₹25K self/family; +₹25K parents; ₹50K if senior parents
No cap; 8 consecutive years
First home buyers; stamp duty value ≤₹45L
50%–100% depending on institution; cash ≤₹2,000
Not for senior citizens (they get 80TTB instead)
Only for senior citizens (60+); FD+savings interest
If no HRA in salary; max ₹60,000/year
80GGB, 80RRB, 80QQB, 80U, 80DD etc.
Fill all sections and click Calculate to see results