Rental Income Tax Calculator
Estimate the tax on your rental income after the 30% standard deduction, municipal taxes and home-loan interest.
Rental income
Tax on rental income
₹73,500
On ₹2,45,000 taxable income
- Net annual value
- ₹3,50,000
- 30% standard deduction
- – ₹1,05,000
- Loan interest
- – ₹0
- Taxable income
- ₹2,45,000
- Tax payable
- ₹73,500
Net Annual Value = rent − municipal taxes. You then get a flat 30% standard deduction (Section 24a) plus full home-loan interest. A negative result is a "loss from house property" — set off up to ₹2L against other income in the old regime.
Frequently Asked Questions
Are the TerraNexxus calculators free to use?
Yes — every calculator and tool on TerraNexxus is completely free to use, with no sign-up or login required.
How accurate are these property and loan calculators?
They use standard, widely-accepted formulas to give a close estimate. For exact figures (loan eligibility, EMI, stamp duty, tax), always confirm with your bank, lender or a qualified financial advisor.
Do the calculators work on mobile?
Yes, all tools are fully responsive and work smoothly on mobile, tablet and desktop browsers.
Is the data I enter stored or shared?
No. Calculations run entirely in your browser — TerraNexxus does not store, track or share the values you enter.