Income Tax Calculator

Calculate income tax for FY 2025-26 (AY 2026-27) under both regimes

Total Tax (New Regime)

₹ 0
✅ This is the better regime!Save ₹ 70,200
Gross Income₹ 10,00,000
Standard Deduction-₹ 75,000
Taxable Income₹ 9,25,000
Tax Before Rebate₹ 32,500
Rebate u/s 87A-₹ 32,500
Health & Education Cess (4%)₹ 0
Effective Tax Rate0.00%

Tax Slab Breakdown

Income SlabRateTax
₹0 - ₹4,00,0000%₹ 0
₹4,00,000 - ₹8,00,0005%₹ 20,000
₹8,00,000 - ₹12,00,00010%₹ 12,500

Tax Slabs FY 2025-26

New Regime (Budget 2025)
  • ₹0 - ₹4.0L: Nil
  • ₹4.0L - ₹8.0L: 5%
  • ₹8.0L - ₹12.0L: 10%
  • ₹12.0L - ₹16.0L: 15%
  • ₹16.0L - ₹20.0L: 20%
  • ₹20.0L - ₹24.0L: 25%
  • Above ₹24.0L: 30%

Standard deduction: ₹75,000

Rebate u/s 87A: Up to ₹12L income

Old Regime
  • ₹0 - ₹2.5L: Nil
  • ₹2.5L - ₹5.0L: 5%
  • ₹5.0L - ₹10.0L: 20%
  • Above ₹10.0L: 30%

Standard deduction: ₹50,000

Rebate u/s 87A: Up to ₹5L income

⚠️ Note: FY 2025-26 slabs are based on Budget 2025 proposals. Actual rates may vary pending final approval.

Income Tax Calculator FAQs

Does this calculator compare old and new tax regime?

Yes. This page calculates both regimes and helps you compare which option results in lower total tax for the selected financial year.

Can I include deductions like 80C, 80D, and HRA?

Yes. When you switch to the old regime tab, you can enter common deductions such as Section 80C, Section 80D, HRA, and other eligible deductions.

Are cess and rebate included in the result?

Yes. The calculator includes rebate where applicable and adds health and education cess to show the final estimated tax liability.

Is this tax calculator suitable for filing ITR directly?

It is useful for planning and estimation, but you should still verify your final numbers with official tax forms, Form 16, AIS, and a qualified advisor if needed.

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