Compares Old vs New tax regime liability with Section 80C, 80D, NPS, HRA, and home loan deductions. Generates a personalized tax-saving report for Indian salaried employees. Details never leave your device — validation and generation run locally in your browser.
Content reviewed October 2026 · About Toolzum
Step-by-step assistant for India Income Tax Return filing. ITR form selection, 80C/80D deductions, salary and house property income.
Generates compliant PDF invoices with mandatory Indian GST fields — HSN/SAC codes, GSTIN, place of supply, and tax breakdown. Everything runs locally in your browser.
Computes GST-inclusive and GST-exclusive amounts for Indian tax slabs (5%, 12%, 18%, 28%) with net, GST value, and total shown.
Estimate annual income tax in India by slab from income, age, and old/new regime. See yearly tax, effective rate, and in-hand pay — free, local, verify rules yearly.
Calculate net salary after taxes — enter gross salary, deductions, and tax brackets to see your take-home pay with a full breakdown.
Rough rule: deductions above ~₹4–4.25 lakh favor old regime; below favors new (for ₹15L+ incomes). Example: ₹18L salary with ₹5L deductions (80C+HRA+80D+NPS) → old regime saves roughly ₹60–70k tax vs new. Enter your exact figures — the crossover is personal.
80C (capped ₹1.5L), HRA (min of 12×rent, 50% salary, 12×rent minus 10% salary), 80D (capped ₹25k), NPS 80CCD(1B) (capped ₹50k), home-loan interest (capped ₹2L). Standard deduction ₹50k applies in both regimes. Note: home-loan principal has an input but is not counted in deductions; the report downloads as .txt, not PDF.
Salaried: yes, each financial year. Business income: switching is restricted (once back to old after opting out, with conditions). Salaried filers should re-run this comparison every March.
Salary-focused: it models salary, HRA, and common deductions. Capital gains (taxed separately at 12.5%/20%) and rental income need separate treatment — add them to total income manually.
No. All calculations run locally in your browser. No financial data leaves your device.