A React-based web application that helps compare tax liabilities under India's New vs Old tax regimes with detailed breakdowns.
- 🆕 New Regime Calculator (2023 tax slabs)
- 🏛️ Old Regime Calculator (pre-2023 tax slabs)
- 📊 Side-by-side comparison of tax liabilities
- 💰 In-hand salary calculations
- 📈 Detailed breakdown of deductions and exemptions
- 🔄 Automatic PF contribution synchronization
- 📱 Responsive Material-UI design
- Clone the repository
git clone https://github.com/yourusername/india-tax-calculator.git
cd india-tax-calculator
- Install dependencies
npm install
- Start the development server
npm start
- Choose between New/Old regime using the navigation bar
- Enter your annual salary details
- Provide PF contributions (employer + employee)
- Add applicable deductions:
- New Regime: Standard deduction (₹75k auto-applied)
- Old Regime: HRA, Section 80C/D/EE, home loan interest, etc.
- Click "Calculate" to see detailed breakdown:
- Tax liability
- Effective tax rate
- Monthly/Annual in-hand salary
- Total deductions