How This Calculator Works

• Tax Slabs: 0% (up to ₹2.5L), 5% (₹2.5L-5L), 20% (₹5L-10L), 30% (above ₹10L)
• Progressive Taxation: Higher income brackets pay higher tax rates
• Tax Planning: Estimate annual tax liability for better financial planning
• Net Income: Shows take-home income after tax deductions