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Income Tax Calculator India 2025-26
Compare Old vs New tax regime for FY 2025-26 (AY 2026-27). Calculate your tax liability with deductions under Section 80C, 80D, HRA and more.
Your total gross annual income
Deductions (Old Regime) - These apply only to the Old Regime calculation
Max ₹1,50,000
Max ₹25,000 (₹50,000 for senior citizens)
Standard Deduction: ₹50,000 (Old) / ₹75,000 (New) — auto-applied
Old Regime
Gross Income-
Total Deductions-
Taxable Income-
Tax Before Cess-
Cess (4%)-
Total Tax Payable
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New Regime
Gross Income-
Total Deductions-
Taxable Income-
Tax Before Cess-
Cess (4%)-
Total Tax Payable
-
Slab-wise Tax Breakdown
Old Regime
| Income Slab | Rate | Tax |
|---|
New Regime
| Income Slab | Rate | Tax |
|---|
Frequently Asked Questions
The Old regime allows various deductions like Section 80C (up to ₹1.5 lakh), 80D (health insurance), HRA exemption, and others, but has higher base tax rates. The New regime offers lower tax rates with wider slabs but eliminates most deductions and exemptions. Choose based on your total eligible deductions.
It depends on your total deductions. If you have significant deductions under 80C, 80D, HRA, and other sections, the Old regime may save you more tax. If your deductions are minimal, the New regime with its lower rates is usually better. Use this calculator to compare both side by side.
Section 87A provides a full tax rebate for lower income earners. Under the Old regime, if your taxable income is up to ₹5,00,000, your entire tax liability is waived. Under the New regime for FY 2025-26, the rebate applies if taxable income is up to ₹12,00,000, making your tax zero.
For FY 2025-26, the standard deduction is ₹75,000 under the New tax regime and ₹50,000 under the Old tax regime. This deduction is automatically applied to salaried individuals and pensioners.
This calculator does not include surcharge. Surcharge is applicable for incomes above ₹50 lakh: 10% for 50L-1Cr, 15% for 1Cr-2Cr, 25% for 2Cr-5Cr, and 37% for above 5Cr (capped at 25% under new regime). Consult a tax professional for exact figures.
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⚠️ Disclaimer: This calculator provides an approximate tax estimate based on announced tax slabs for FY 2025-26 (AY 2026-27). It does not account for surcharge, special incomes (capital gains, etc.), or all possible deductions. Tax laws are subject to change. This is for informational purposes only — please consult a qualified Chartered Accountant or tax professional for accurate tax planning and filing.