This tool compares income tax liability under the current and proposed income tax regimes in India. It deliberately attempts to be simple without adding support for complex scenarios like deductions, exemptions, etc.

• Up to ₹3,00,000: 0%
• ₹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%

• Up to ₹12,00,000: 0%
• ₹12,00,001 to ₹16,00,000: 15%
• ₹16,00,001 to ₹20,00,000: 20%
• ₹20,00,001 to ₹24,00,000: 25%
• Above ₹24,00,000: 30%

• Up to ₹50,00,000: No surcharge
• ₹50,00,001 to ₹1,00,00,000: 10%
• ₹1,00,00,001 to ₹2,00,00,000: 15%
• ₹2,00,00,001 to ₹5,00,00,000: 25%
• Above ₹5,00,00,000: 37%

• Health and Education Cess: 4% on (Tax + Surcharge)

• A standard deduction of ₹75,000 is applicable under both regimes

This project is open-source and contributions are welcome. Feel free to raise issues, suggest features, or submit pull requests.