Free Income Tax Calculator for Salaried Persons

Generate your Income Tax Schedule and download a professional PDF in minutes. Compare Old vs. New regimes instantly.

Why Choose mycleartax.com?

A calculator designed to be fast, practical, and salary-focused.

Tailored for Salaries

Built to handle Indian salary components like Basic, HRA, and Special Allowances.

Old vs. New Regime Comparison

See your tax liability under both regimes so you can choose what saves you more.

Instant PDF Download

Generate a clean, professional PDF summary for your records or employer.

Secure & Private

Designed for quick calculations and minimal data exposure.

How mycleartax.com Works

A clear workflow from input to a shareable tax schedule.

  1. 1) Enter Income Details

    Input your Gross Salary and other income like House Rent, Medical Allowances, Special Pay etc.

  2. 2) Add Exemptions & Deductions

    Claim HRA, Standard Deduction (₹75,000 for FY 2025-26), and investments under Section 80C, 80D, or 80E.

  3. 3) Review Comparison

    View a side-by-side breakdown of the Old vs. New Tax Regimes.

  4. 4) Download PDF

    Save your final tax schedule as a PDF for filing and documentation.

Detailed Features at mycleartax.com

Designed for accuracy, completeness, and a professional PDF output.

  • Comprehensive Deduction Support: LIC, PPF, ELSS, 80D, 80E and more.
  • Accurate Slab Rates: Updated for Finance Act changes to support AY 2025-26 and AY 2026-27.
  • HRA Exemption Tool: Calculate HRA exemptions based on city and rent paid.
  • Cleaner Outputs: A single-page PDF schedule that’s easy to share with your employer or keep for records.

About mycleartax.com

Simple, salary-first tools for faster tax planning.

mycleartax.com is built to help salaried individuals estimate income tax quickly and confidently. We focus on practical inputs (salary components, deductions, and other income) and deliver a clear Old vs. New regime comparison — plus a professional PDF calculation sheet you can download in minutes.

Note: This tool provides an estimate for planning and record-keeping; always verify figures before filing.

Frequently Asked Questions (FAQ)

Quick answers to common questions.

Is this calculator free?

Yes, the tool and PDF download are 100% free for all users.

Which tax regime is better for me?

Our tool provides a direct comparison based on your specific deductions to help you decide.

Do I need to sign up?

No, you can use the calculator and get your PDF without creating an account.

How much is the Standard Deduction?

For salaried individuals, a standard deduction of ₹75,000 is applicable under the New Regime for FY 2025-26.