Tax Planner
Compare Tax Liability Under Old vs New Regime Instantly
The Tax Planner tool helps you determine which income tax regime—Old or New—results in lower tax liability based on your income and deductions. It calculates taxes under both regimes and recommends the one that minimizes your tax outgo.
Why Use the Tax Planner Tool?
Compare Regimes in Real-Time
See a side-by-side comparison of your tax liability under the Old and New regimes instantly.
Identify the Most Tax-Efficient Route
Choose the regime that minimizes your tax burden based on actual calculations.
Supports All Income Sources
Includes salary, freelance income, dividends, and capital gains in tax computation.
Simplifies Tax Planning
No need to manually apply slab rates or remember deduction limits—the tool does it all.
Importance and Benefits of Using the Tax Planner
Maximise Post-Tax Income
Select the regime that saves more tax and leaves you with higher disposable income.
User-Friendly & Reliable
Backed by SEBI-compliant tax logic for Indian salaried and self-employed individuals.
Helps with Year-End Planning
Get clarity on your tax position before making year-end investments.
Updated for Current Slab Rates
Reflects the latest income tax provisions in both regimes.
How to Use the Tax Planner Tool
Follow these simple steps to calculate the average price of your stock purchases:
Input Annual Income
Input your annual income, including salary, capital gains, and dividends
Add Deductions & HRA Details
Enter all applicable deductions and HRA details
Click on Calculate
See tax computed under both regimes and get a recommendation based on which saves more.
Review Tax Comparison
Review your tax liability under both regimes
Get Regime Suggestion
Follow the tool’s suggestion or adjust inputs to evaluate different scenarios
Key Terms You Should Know
Old Tax Regime
Allows exemptions and deductions like 80C, HRA, and home loan interest.
New Tax Regime
Offers lower slab rates but disallows most deductions and exemptions.
HRA (House Rent Allowance)
A tax-free salary component for those who live in rented accommodation.
Section 80C
Provides up to ₹1.5L deduction for investments in PPF, ELSS, life insurance, etc.
NPS Deduction
Additional ₹50,000 deduction available under Section 80CCD(1B) for NPS contributions.
