From your next EMI to your retirement corpus - every money question answered. India-specific formulas covering FY 2024–25 tax slabs, current RBI rates, 7th & 8th Pay Commission, HRA rules, gratuity, and Budget 2024 capital gains changes.
12 calculators covering every major financial decision for salaried professionals, investors, and business owners in India.
Most online financial calculators were built for a global audience - they use flat percentages, ignore India-specific tax rules, and give you a number without explaining how they got there.
Every calculator here is built specifically for India. The salary calculator knows about Professional Tax varying by state, EPF contributions above ₹15,000 basic, and the difference between old and new tax regime for your exact salary band. The HRA calculator shows all three conditions side by side - not just the final exemption amount.
The capital gains tax calculator is updated for Budget 2024 rates: 12.5% LTCG on equity (up from 10%), 20% STCG (up from 15%), and the revised ₹1.25 lakh exemption. Most calculators online still show the old rates.
And the gratuity calculator correctly implements the rounding rule that trips up most employees: if you've worked 8 years and 7 months, it rounds up to 9 years - not 8. That difference can mean ₹25,000–₹50,000 in gratuity for a senior employee.
Here's a practical guide for the most common situations:
Getting a new job offer? Use the Salary Calculator. Paste in the CTC and it breaks down exactly what lands in your account each month after all deductions. Then compare if switching to the new tax regime saves you money.
Buying a home? Start with the Home Loan EMI Calculator to find your monthly payment. Then run the Home Affordability Calculator to confirm your bank will actually approve that loan amount - banks use a 40–50% FOIR rule that most people aren't aware of.
Leaving a job after 5+ years? The Gratuity Calculator tells you exactly what you're owed under the Payment of Gratuity Act. Don't leave without checking - some employers calculate it incorrectly (usually using 30 as the divisor instead of 26 for covered organisations).
Filing your ITR? Run the HRA Exemption Calculator to verify your exemption amount before submitting. The three-condition formula trips up a lot of people, especially when their rent is low relative to salary.
Sold shares or a flat? Use the Capital Gains Tax calculator. Budget 2024 changed the LTCG rate from 10% to 12.5% and removed property indexation for purchases after July 2024 - so your old mental math is probably wrong now.
Planning for retirement? Use the Retirement Calculator with 6% inflation (India's historical average) and a 10–12% equity return assumption. Most people are surprised to find their corpus target is higher than expected once inflation is baked in properly.
The standard formula is: EMI = P × r × (1+r)^n / ((1+r)^n − 1), where P is the principal loan amount, r is the monthly interest rate (annual rate ÷ 12 ÷ 100), and n is the total number of monthly instalments. All banks use this reducing-balance method in India.
For example, a ₹50 lakh home loan at 8.75% for 20 years gives an EMI of about ₹44,100. Over 240 months, you pay ₹1.06 crore total - so ₹56 lakh in interest on a ₹50 lakh loan. That's why prepayment makes such a big difference in the early years.
It depends entirely on your deductions. If your total deductions (HRA + 80C + 80D + home loan interest + NPS + others) add up to more than roughly ₹3.75 lakh, the old regime usually saves more tax. Below that threshold, the new regime's lower rates typically win.
The most common mistake is people in the 30% bracket who have a home loan assuming the new regime is better - they forget that ₹2 lakh of home loan interest deduction under Section 24b saves ₹60,000 in tax alone. Use the Salary Calculator to get an exact comparison for your numbers.
HRA exemption is the minimum of three values: (1) actual HRA received from employer, (2) 50% of Basic+DA if you're in a metro city like Mumbai, Delhi, Kolkata, or Chennai - or 40% for every other city including Bengaluru, (3) actual rent paid minus 10% of Basic+DA.
The part that trips people up is condition 3. If your rent is low relative to your salary, condition 3 can be the smallest of the three - and that's the number you actually get as exemption, regardless of how much HRA your employer gives you. Many people calculate only condition 2 and then wonder why their Form 16 shows a different exempt amount.
Yes. All tax-related calculators on CalcFinder are updated for FY 2024–25, including the revised income tax slabs under the new regime, Budget 2024 capital gains changes (12.5% LTCG on equity, 20% STCG), the increased LTCG exemption of ₹1.25 lakh, and the ₹20 lakh gratuity tax-free limit.
That said, these calculators are for planning and estimation - always confirm final numbers with a chartered accountant before filing. Tax rules have nuances (grandfathering provisions, surcharges on high income, special rates for NRIs) that a general-purpose calculator can't fully capture.
After Budget 2024 (effective July 23, 2024): Long-term capital gains on equity shares and equity mutual funds held for more than 12 months are taxed at 12.5% (up from 10% earlier). The annual exemption was raised from ₹1 lakh to ₹1.25 lakh.
Short-term capital gains on equity (held less than 12 months) are now taxed at 20%, up from 15%. These changes apply to transactions on or after July 23, 2024. For transactions before that date, the old 10% LTCG and 15% STCG rates apply.
From your morning EMI calculation to retirement planning - every financial question answered without ads, sign-ups, or paywalls.