Income Tax Calculator FY 2025-26
Updated for Budget 2025 — Zero tax up to Rs 12 lakh under new regime. Compare both regimes with full slab-by-slab breakdown.
Your Income Details
Enter total income before any deductions
Age affects Old Regime basic exemption only
80C + 80D + HRA + NPS etc.
Tax Summary
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New Regime Tax
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Old Regime Tax
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Recommended
New Regime (FY 2025-26)
Gross Income–
Standard Deduction–
Taxable Income–
Slab Tax–
Sec 87A Rebate–
Marginal Relief–
Tax After Rebate–
Surcharge–
Health and Ed. Cess (4%)–
Total Tax Payable–
Old Regime
Gross Income–
Standard Deduction–
Other Deductions–
Taxable Income–
Slab Tax–
Sec 87A Rebate–
Tax After Rebate–
Surcharge–
Health and Ed. Cess (4%)–
Total Tax Payable–
New Regime – Slab Breakdown
| Income Slab | Rate | Amount in Slab | Tax |
|---|
Old Regime – Slab Breakdown
| Income Slab | Rate | Amount in Slab | Tax |
|---|
New Regime Tax Slabs (FY 2025-26)
| Income Range | Tax Rate |
|---|---|
| Up to Rs 4,00,000 | Nil |
| Rs 4,00,001 to Rs 8,00,000 | 5% |
| Rs 8,00,001 to Rs 12,00,000 | 10% |
| Rs 12,00,001 to Rs 16,00,000 | 15% |
| Rs 16,00,001 to Rs 20,00,000 | 20% |
| Rs 20,00,001 to Rs 24,00,000 | 25% |
| Above Rs 24,00,000 | 30% |
Budget 2025 update: Section 87A rebate increased to Rs 60,000 for taxable income up to Rs 12 lakh — net tax = Rs 0. Salaried employees earning up to Rs 12.75L gross also pay zero tax (Rs 75,000 standard deduction brings taxable to Rs 12L). Surcharge under new regime capped at 25%.
Disclaimer: This calculator is for general educational purposes only and provides estimates based on standard assumptions. Actual tax liability may vary. This is not tax advice. Please consult a qualified Chartered Accountant for personalised guidance.