Welcome to the Tax Simulation System — a comprehensive and modular platform designed to simulate income tax scenarios based on Indian tax regimes. Use this tool to configure exemptions, assess break-ups, simulate deductions, and generate personalized tax insights under both Old and New regimes.
Use the sidebar to navigate.
Disclaimer
⚠️ This is a simulation tool intended for personal planning only. For filing returns or making financial decisions, consult a licensed tax advisor.
Caution Note
⚠️ Please do not make changes to the rules unless having Full knowledge of the rules, implications to the regime and only if there is a change announced by the Government.
Income Tax Regime Overview
Tax Slabs Comparison
| Income Range | Old Regime | New Regime |
|---|---|---|
| Up to ₹2.5L | 0% | 0% (Up to ₹3L) |
| ₹2.5L – ₹5L | 5% | 5% |
| ₹5L – ₹7.5L | 20% | 10% |
| ₹7.5L – ₹10L | 20% | 15% |
| ₹10L – ₹12.5L | 30% | 20% |
| ₹12.5L – ₹15L | 30% | 25% |
| Above ₹15L | 30% | 30% |
Standard Deduction & Rebate
| Benefit | Old Regime | New Regime |
|---|---|---|
| Standard Deduction | ₹50,000 | ₹50,000 / ₹75,000 |
| 87A Rebate Threshold | Up to ₹5,00,000 | Up to ₹7,00,000 |
| 87A Rebate Amount | ₹12,500 | ₹25,000 |
How to Use This Tool
- Enter your Salary & Perks
- Add your Investments, Deductions, and Loans
- View Tax Computation and get Recommendations