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My Tax Calculator
Income Tax Calculator – India
body { font-family: Arial, sans-serif; margin: 20px; padding: 20px; }
.container { max-width: 400px; margin: auto; padding: 20px; border: 1px solid #ddd; border-radius: 10px; box-shadow: 2px 2px 10px #ccc; }
input, select, button { width: 100%; padding: 10px; margin-top: 10px; }
button { background-color: #007bff; color: white; border: none; cursor: pointer; }
button:hover { background-color: #0056b3; }
function calculateTax() {
let income = parseFloat(document.getElementById(“income”).value);
let regime = document.getElementById(“taxRegime”).value;
let tax = 0;
if (isNaN(income) || income < 0) {
alert("Please enter a valid income amount");
return;
}
if (regime === "new") {
if (income <= 250000) tax = 0;
else if (income <= 500000) tax = (income – 250000) * 0.05;
else if (income <= 750000) tax = 12500 + (income – 500000) * 0.10;
else if (income <= 1000000) tax = 37500 + (income – 750000) * 0.15;
else if (income <= 1250000) tax = 75000 + (income – 1000000) * 0.20;
else if (income <= 1500000) tax = 125000 + (income – 1250000) * 0.25;
else tax = 187500 + (income – 1500000) * 0.30;
} else {
if (income <= 250000) tax = 0;
else if (income <= 500000) tax = (income – 250000) * 0.05;
else if (income <= 1000000) tax = 12500 + (income – 500000) * 0.20;
else tax = 112500 + (income – 1000000) * 0.30;
}
document.getElementById("result").innerText = `Total Tax: ₹${tax.toFixed(2)}`;
}
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