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HomeFinanceIncome Tax Calculator FY 2025–26
Finance

Income Tax Calculator FY 2025–26

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Calculate income tax under old and new regime for FY 2025-26. Updated slabs, ₹75K standard deduction, 87A rebate up to ₹12 lakh, surcharge and cess — all free.

FY 2025-26Old vs New87A RebateFree & Private
Estimates for FY 2025-26 (AY 2026-27). Not tax advice — verify with a CA or the official Income Tax portal.
₹
Income Type
Age Group
Tax Regime

Old Regime Deductions

₹
₹
₹
₹
₹
Calculate HRA →
₹
You save ₹99,320 by choosing the new regime
New RegimeRecommended ✓
Gross Income₹12,00,000
− Std Deduction₹75,000
= Taxable Income₹11,25,000
Tax on slabs₹52,500
− Rebate u/s 87A−₹52,500
+ 4% Cess₹0
Total Tax
₹0
Monthly TDS: ₹0/month
Effective rate: 0.00% · Marginal: 10%
Old Regime
Gross Income₹12,00,000
− All Deductions₹2,85,000
= Taxable Income₹9,15,000
Tax on slabs₹95,500
− Rebate u/s 87A−₹0
+ 4% Cess₹3,820
Total Tax
₹99,320
Monthly TDS: ₹8,277/month
Effective rate: 8.28% · Marginal: 20%
Estimated Monthly Take-Home
₹98,200
Based on new regime tax and employee PF (est.)
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Tax = Progressive slabs applied to taxable income + 4% Cess

India uses a progressive slab system where income in each bracket is taxed at that bracket's rate only. The Section 87A rebate makes income up to ₹12 lakh tax-free under the new regime for FY 2025-26. A 4% Health & Education Cess applies on the final tax amount.

Your data is processed entirely in your browser. Nothing is sent to any server.

How to Use

Step-by-step guide to get the most from this tool

  1. 1

    Enter your gross annual income

    Input your total salary or income before deductions. Include all components that form part of your taxable income.

  2. 2

    Choose income type and age

    Select salaried, self-employed, or pensioner. Age affects old-regime basic exemption limits.

  3. 3

    Add old-regime deductions

    Enter 80C, 80D, home loan interest, NPS, HRA exemption, and other deductions. These only affect the old regime calculation.

  4. 4

    Compare and choose

    Review side-by-side tax under both regimes. The better option is highlighted with your exact savings amount.

Features

What makes this tool stand out

📊

FY 2025-26 slabs

Updated new regime 7-slab structure with ₹4 lakh exemption and enhanced 87A rebate.

⚖️

Side-by-side compare

See old vs new regime tax with slab tax, rebate, surcharge, and cess breakdown.

👴

Senior citizen slabs

Age-based basic exemption for old regime — 60+ and 80+ categories supported.

📉

Slab-wise breakdown

Expandable accordion showing tax computed in each income bracket.

💰

Take-home estimate

Monthly in-hand salary after tax and estimated PF deduction.

🔒

100% private

All calculations run in your browser. No income data is sent to any server.

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NPS tax benefits

Frequently Asked Questions

Quick answers to common questions

What are the new tax slabs for FY 2025-26?+

Under the new regime for FY 2025-26: 0% up to ₹4 lakh, 5% for ₹4–8 lakh, 10% for ₹8–12 lakh, 15% for ₹12–16 lakh, 20% for ₹16–20 lakh, 25% for ₹20–24 lakh, and 30% above ₹24 lakh taxable income.

What is the Section 87A rebate in the new regime?+

Section 87A provides a full tax rebate if your taxable income (after standard deduction) is up to ₹12 lakh. This makes many salaried taxpayers with income around ₹12.75 lakh gross effectively pay zero tax under the new regime.

What deductions are allowed under the old regime?+

The old regime allows Section 80C (up to ₹1.5 lakh), 80D health insurance, HRA exemption, home loan interest under Section 24(b), NPS additional deduction, and a standard deduction of ₹50,000 for salaried employees and pensioners.

Which regime should I choose — old or new?+

If your total deductions under the old regime exceed roughly ₹3.75 lakh, the old regime often wins. For salaried employees with few deductions, the new regime with its ₹75,000 standard deduction and enhanced 87A rebate usually saves more tax.

What is the standard deduction for FY 2025-26?+

The standard deduction is ₹75,000 under the new regime and ₹50,000 under the old regime for salaried individuals and pensioners. It is automatically applied in our calculator.

How is surcharge calculated on income tax?+

Surcharge applies on income tax: 10% for income ₹50 lakh–₹1 crore, 15% for ₹1–2 crore, 25% for ₹2–5 crore, and 37% above ₹5 crore (capped at 25% under the new regime). A 4% health and education cess is added on tax plus surcharge.

Does the new regime allow HRA exemption?+

No. HRA exemption, Section 80C, 80D, LTA, and self-occupied home loan interest are not available under the new regime. Only the standard deduction and employer NPS contribution (80CCD(2)) remain.

How do senior citizen slabs differ in the old regime?+

Under the old regime, basic exemption is ₹3 lakh for ages 60–80 and ₹5 lakh for ages 80+. The new regime has a uniform ₹4 lakh nil slab regardless of age.

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