Income Tax Calculator - Budget 2020

A new parallel taxation policy was unveiled by Finance Minister Nirmala Sitharaman while she presented the Union Budget for financial year (FY) 2021. Newer, simpler slabs will be available to individual taxpayers who choose to forego tags exclusions and deductions.However, these slabs are optional.

Now, you can calculate it yourself. Our tax calculator will calculate you taxable income under both the old and new scheme

Go try!