Employee Vs Contractor Income tax calculator for India

Enter CTC (₹)

Income Tax slab rate in FY 2024-2025

(As per new tax regime)

Annual taxable income
Tax Rate
Up to ₹3,00,000
Nil
₹3,00,001 to ₹7,00,000
5%
₹7,00,001 to ₹10,00,000
10%
₹10,00,001 to ₹12,00,000
15%
₹12,00,001 to ₹15,00,000
20%
Above ₹15,00,000
30%

Disclaimer: The data provided is for reference purposes only to assist you in understanding tax calculations. For precise and accurate information, please consult your Chartered Accountant. If you notice any inaccuracies or have suggestions for updates, kindly email us at [email protected].

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