Enter all your income sources for the financial year
🏠 House Property Deductions
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House Property Calculation
Gross Annual Value (GAV):
₹50,000
Less: Municipal Taxes:
₹3,000
Net Annual Value (NAV):
₹47,000
Less: 30% Standard Deduction on NAV:
₹14,100
Less: Interest on Let-Out:
₹1,00,000
Income from House Property:
₹-67,100
⚠️ Important: Any negative balance (loss) from house property cannot be set off against salary or other income under new regime.
📊 House Property Income (Computed)
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Loss cannot be set off
Any loss from house property remains a loss and cannot reduce your salary or other income.
₹0
✅ Taxable House Property Income
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Taxable House Property Income
If House Property Income is negative, taxable amount is zero.
Only positive house property income is added to taxable income.
₹0.00
📌 Standard Deduction (Salaried/Pensioner)
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Standard Deduction u/s 16(ia)
Flat ₹75,000 deduction, but limited to actual salary income. If salary < ₹75,000, deduction = salary amount.₹75,000
✔️ Standard deduction applicable (salaried/pensioner)
📈 Capital Gains & Digital Assets
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Capital Gains Tax Rates 2025
STCG (20%): Assets held ≤24 months
LTCG (12.5%): Assets held >24 months, ₹1.25L exemption
Digital Assets (30%): Crypto, NFTs
Short Term Capital Gain (20%)
Short Term Capital Gain
Exemption (No Exemption Allowed)
₹0.00
Taxable Amount
₹0.00
Tax @ 20%
₹0.00
Long Term Capital Gain (12.5%)
Long Term Capital Gain
Exemption (Max ₹1,25,000)
₹0.00
Taxable Amount
₹0.00
Tax @ 12.5%
₹0.00
Digital Assets (30%)
Income from Digital Assets
Exemption (No Exemption Allowed)
₹0.00
Taxable Amount
₹0.00
Tax @ 30%
₹0.00
📊 Tax Calculation Breakdown
Tax Slab
Rate
Tax Amount
Upto ₹4,00,000
0%
₹0.00
₹4,00,001 - ₹8,00,000
5%
₹0.00
₹8,00,001 - ₹12,00,000
10%
₹0.00
₹12,00,001 - ₹16,00,000
15%
₹0.00
₹16,00,001 - ₹20,00,000
20%
₹0.00
₹20,00,001 - ₹24,00,000
25%
₹0.00
Above ₹24,00,000
30%
₹0.00
Rebate u/s 87A (Up to ₹12L income)
₹0.00
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Marginal Relief
For income slightly above ₹12 lakh, tax is limited to the income minus ₹12 lakh. Marginal Relief is applicable till taxable income is ₹12,70,588.00
Example (₹12,10,000):
Normal tax: ₹61,500
With relief: ₹10,000 only