The Income Tax Calculator is designed for salaried employees and pensioners in India to simplify tax calculations for Financial Years (FY) 2024-25 and 2025-26, as well as Assessment Years (AY) 2025-26 and 2026-27. Easily compare the Old and New Tax Regimes, estimate your income tax, and efficiently plan your tax savings. This calculator is specifically made for income tax in India, ensuring accurate taxation for better financial planning.