Simplify Your Taxes. Maximize Your Savings.
PrajaSeva's Tax Advisory tool helps you easily calculate your tax liability, compares the Old vs. New regimes, and provides AI-powered recommendations to reduce your tax burden.
Calculate Your Tax NowGet Tax Clarity in Three Simple Steps
1. Enter Your Financials
Provide your income and any potential deductions like 80C investments or home loan interest.
2. Instant Comparison
Our platform instantly calculates your tax liability under both the Old and New tax regimes.
3. Receive Your Recommendation
Get a clear, data-driven recommendation on which regime to choose to maximize your savings.
Common Tax Questions
Which tax regime is better for me?
It depends on your income and the deductions you can claim. The Old Regime is beneficial if you have significant deductions (like HRA, 80C, 80D, home loan interest). The New Regime offers lower tax rates but fewer deductions. Our tool analyzes your specific situation to give you a clear answer.
What is the standard deduction for FY 2024-25?
For salaried individuals, the standard deduction is ₹50,000 under the Old Regime. The New Regime also offers a standard deduction of ₹50,000 for salaried individuals and pensioners as per the latest updates.
Is this tool a replacement for a Chartered Accountant (CA)?
PrajaSeva's Tax Advisory tool is a powerful estimator and guide designed for clarity and planning. For complex financial situations, multiple income sources, or business tax filing, we always recommend consulting with a qualified Chartered Accountant.
For official information, please refer to the Income Tax Department website.