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Getting a useful answer

A few things worth knowing before you read too much into any single number these calculators produce.

  • 01

    Check which year's rules are being applied

    Tax rules change, and a calculator using last year's slabs will quietly mislead. Every calculator here names the financial year it used and records the source and retrieval date for each figure.

  • 02

    Compare effective rates, not marginal ones

    Your top slab rate applies only to your last rupees of income. On ₹20 lakh of taxable income the top rate can be 20% while the effective rate is nearer 10%. Comparing regimes or offers on marginal rates alone is misleading.

  • 03

    Regime choice usually turns on deductions

    The new regime has wider bands and a larger rebate; the old one allows deductions the new one forgoes. Which is cheaper depends almost entirely on what you can genuinely claim, so run both on your own figures rather than reasoning from the headline rates.

  • 04

    These are estimates, not computations

    None of these calculators handles capital gains, salary exemptions, per-section deduction caps, TDS or advance tax. Use them to plan and compare, and a filing utility or a professional to file.

Frequently asked questions

Disclaimer

These calculators are provided for general information and planning only, and are not investment, tax or legal advice. Results are estimates based on the assumptions you enter and the methodology described on each page. Market-linked returns are not guaranteed and investments can lose value; lending terms are set by your lender. For advice on your own situation, speak to a qualified professional, several of whom you can consult on Finvestalk.