Under RCM, supplier issues invoice without collecting GST. Buyer pays this tax directly to government in GSTR-3B and can usually claim it back as ITC in the same return.
Result
Base amount₹1,000.00
CGST (9%)₹90.00
SGST (9%)₹90.00
Total payable₹1,180.00
Inclusive mode: enter the gross amount that already includes GST — we extract the tax. Useful when working from MRP or all-in price.
Take-home salary (Old vs New regime)
Both regimes, slab-correct for FY 25-26. Standard deduction + Section 87A rebate applied.
Use gross salary or full CTC (we treat employer PF/NPS as already excluded).
80C + 80D + 80CCD(1B) + home-loan int + HRA exempt + LTA, etc. Auto-filled if you use the section breakdown below.
Break old-regime deductions down by section. If any value below is non-zero, the sum overrides the manual total above.
Use the HRA tab to compute, then paste the exempt amount here.
PF + PPF + ELSS + life insurance + home loan principal + ULIP + kids' tuition.
Self/family ₹25k + parents ₹25k (₹50k if seniors). Preventive check-ups up to ₹5k.
Over and above the ₹1.5L 80C ceiling.
Self-occupied: cap ₹2L. Let-out: actual interest, loss capped at ₹2L set-off.
80E (education loan), 80G (donations), 80EEA, 80TTA/TTB, LTA, gratuity, etc.
Old regime
Taxable income—
Income tax + cess—
Take-home (annual)—
New regime
Taxable income—
Income tax + cess—
Take-home (annual)—
Winner—
Approximation. Real numbers vary with regime-specific exemptions, surcharge thresholds (above ₹50L), and rebate eligibility. Run both before picking a regime each year — see our old vs new guide.
HRA exemption calculator
Exemption under Sec 10(13A) = least of three. Old regime only.
Common for government / PSU employees. Added to basic for the 50%/40% & 10%-rent computation.
For partial-year cases — mid-year joining / leaving, moved cities.
Renting from parents is legal but needs a rent agreement, actual bank transfer, and parents must declare it as income.
Rent to parents/relatives: keep a written rent agreement, transfer rent via bank (not cash), and your parents must report it as income from house property in their ITR. The IT department scrutinises this pattern.
The three candidates
HRA received—
50% of basic—
Rent − 10% basic—
Exempt (least of three)—
Taxable HRA—
For rent > ₹1L/year, you'll also need landlord's PAN at filing time. See our salary-structure guide.
Indexation option only applies to property (land / building) acquired before 23 July 2024. For everything else under "property / gold", post-23-Jul-24 the only rate is 12.5% without indexation.
Result
Gain type—
Gross gain—
Exemption (₹1.25L for equity LTCG)—
Taxable gain—
Tax payable—
Post 23-Jul-2024 rates applied: equity STCG 20% / LTCG 12.5% (₹1.25L exempt); property / gold / unlisted LTCG 12.5% without indexation. For property bought before 23 Jul 2024 you may opt for 20% with indexation — that toggle is coming in the advanced mode.
TDS on payments calculator
Most common TDS sections — pick what you're paying, see the rate, threshold, and exact deduction.
For 194C: total paid to the same contractor this FY. ₹1L aggregate triggers TDS on this payment even if single-payment is under ₹30k.
For NR payees, Sec 195 takes over with different rates and possible DTAA relief.
Sec 195 applies to non-resident payees, not Sec 194. Rates depend on income type and the applicable DTAA. Form 15CA / 15CB may be needed before remittance. See our FTC guide.
Result
Threshold—
Applicable rate—
Above threshold?—
TDS to deduct—
Net payable to payee—
Finance Act 2025 thresholds (effective 1 Apr 2025): 194J professional fees ₹50k (was ₹30k), 194H commission ₹20k (was ₹15k), 194I rent ₹6L/yr (was ₹2.4L). New section 194T: 10% TDS on partner remuneration by firms above ₹20k/month. Threshold logic: 194C uses single-payment ₹30k OR aggregate ₹1L. Full table in our TDS rates master.
EMI calculator
Standard reducing-balance EMI. Works for home loan, car loan, personal loan, business loan.
EMI = P × r × (1+r)ⁿ / ((1+r)ⁿ − 1)
Usually 0.5–1% of loan + 18% GST on the fee. One-time, added to total cost.
One-time lumpsum applied at the month below.
E.g. 12 = after 1 year of EMIs. Shortens tenure at same EMI.
Old regime only. Use 30% + 4% cess = 31.2% for the highest slab. Leave 0 if not a home loan.
Self-occupied: ₹2L. Let-out: actual interest (loss capped at ₹2L set-off).
₹1.5L total across all 80C uses (PF + PPF + ELSS + this).
Result
Total months—
Total interest payable—
Total payment—
Monthly EMI—
For home loans, the interest portion (up to ₹2L self-occupied) is deductible under Sec 24(b) and Section 80C covers principal repayment (up to ₹1.5L) — both old regime only.
Advance tax calculator (Sec 234B / 234C)
If total tax after TDS exceeds ₹10,000, advance tax kicks in. Spread across 4 quarters or pay Sec 234C interest.
From the Salary calc, or your own estimate.
Salary TDS + 194-section TDS + TCS.
Presumptive filers pay 100% by 15 Mar — no quarterly schedule.
Quarterly schedule
Net tax owed (after TDS)—
Q1 — by 15 Jun (15% cumulative)—
Q2 — by 15 Sep (45% cumulative)—
Q3 — by 15 Dec (75% cumulative)—
Q4 — by 15 Mar (100%)—
Pay via Challan 280 on income tax portal (code 100 — advance tax). Save BSR + challan number for ITR. Sec 234C charges 1% per month for each quarter shortfall. See why your refund shrank by ₹14,237 for the math.
Section 87A rebate calculator
Rebate makes your final tax ₹0 if taxable income is at or below the threshold. ₹12L new regime / ₹5L old regime (FY 25-26).
Income after standard deduction and all eligible deductions.
Result
Slab tax (before rebate)—
Eligible for rebate?—
Rebate applied—
Marginal relief—
Final tax (incl. 4% cess)—
New regime FY 25-26: rebate up to ₹60K; full rebate if taxable ≤ ₹12L. Marginal relief between ₹12L and ~₹12.74L caps tax at (income − ₹12L). Old regime: ₹12.5K rebate cap, ₹5L threshold. See old vs new regime guide.
Residential status (Section 6) — NR / RNOR / R-OR
India doesn't do "split year". Counting days correctly is what decides whether your foreign salary is taxable here.
Affects the 60-day relaxation under Test 2.
For visiting citizens with high Indian income, the relaxation is 120 days not 182.
For the 60+365 secondary test.
Need ≥ 730 for ordinarily-resident.
Need ≥ 2 for ordinarily-resident.
Verdict
Test 1 (≥182 days in PY)—
Test 2 (60+365 day rule)—
Ordinarily-resident sub-tests—
Your status—
R-OR: global income taxable. RNOR: Indian income + foreign business controlled from India. NR: only Indian-source income. See moved abroad mid-year for the full walkthrough.
Gratuity calculator (Payment of Gratuity Act)
Last drawn salary × 15/26 × years for covered employees. Tax exempt up to ₹20L (Sec 10(10)). 5-year minimum service.
Round up if last year is ≥ 6 months.
Government gratuity is fully exempt — no ₹20L cap.
Result
Eligible?—
Formula applied—
Gratuity payable—
Tax-exempt portion—
Taxable portion—
5-year minimum service applies, with exceptions for death / disability. ₹20L exemption is lifetime, across all employers. See our gratuity & leave encashment guide.
SIP amount grows by this % every year. 10% mirrors typical salary growth.
Result
Total invested—
Returns earned—
Maturity value—
Equity MF: LTCG 12.5% above ₹1.25L (held >12 months); STCG 20%. Debt MF post-Apr-23: always slab-taxed. See capital gains guide.
PPF maturity calculator
Public Provident Fund — 15-year lock-in, EEE tax (deposit / interest / maturity all exempt). Current rate 7.1% (Q4 FY 25-26).
Govt reviews quarterly.
Default 15. Extend in 5-year blocks for 20, 25, 30…
Result
Total deposits—
Interest earned—
Maturity value—
Deposit qualifies for Sec 80C (old regime). Interest and maturity are tax-free (EEE). Deposit by 5th of each month for full interest that month. See 80C–80U deductions.
NPS retirement corpus & tax saving
National Pension System — accumulate till 60, then 40% lumpsum tax-free + 60% mandatory annuity. Extra ₹50K deduction under 80CCD(1B) above the 80C cap.
Auto-choice C scheme has historically returned ~9–11% over 20+ years.
For the 80CCD(1B) tax-saving calculation. Use 31.2% (30% slab + 4% cess) for top slab.
Result
Total invested—
Corpus at withdrawal age—
40% lumpsum (tax-free)—
60% mandatory annuity (taxable as pension)—
Annual tax saved via 80CCD(1B)—
80CCD(1B) saves up to ₹15.6K/yr at the 31.2% top slab on a ₹50K contribution. Old regime only — new regime doesn't allow this. The 60% annuity portion at withdrawal is taxed as pension income in the year received.
Numbers look complicated? We do the actual filing.
Real CA / ERP / GST help. Fixed-fee. No surprises.