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Income Tax Calculator India FY 2025-26 — New vs Old

Calculate FY 2025-26 (AY 2026-27) income tax: new vs old regime side by side, ₹75,000 standard deduction, 87A nil tax up to ₹12 lakh, 4% cess included.

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Total tax payable (new regime, FY 2025-26)

Take-home: ₹ · effective rate %

New regime (incl. cess)
Old regime (incl. cess, after deductions)

Taxable income (new)
Income tax (new)
+ 4% cess

Rates for FY 2025-26 (AY 2026-27); Budget 2026 left slabs unchanged for FY 2026-27. New regime: ₹75,000 standard deduction and §87A rebate — nil tax up to ₹12 lakh taxable income (₹12.75L salary), with marginal relief. Old regime: slabs for residents under 60, rebate up to ₹5 lakh taxable. Excludes surcharge (very high incomes). Verify with a tax professional.

Why you’ll love Income Tax Calculator India FY 2025-26 — New vs Old

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Works on any device

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Accurate & clear

Built on the real formulas, with a breakdown you can actually trust.

How to use it

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About Income Tax Calculator India FY 2025-26 — New vs Old

This income tax calculator for India applies the FY 2025-26 (AY 2026-27) slabs introduced by the Finance Act 2025 — and since Budget 2026 left the slabs unchanged, the same numbers hold for FY 2026-27. Enter your annual income and it computes both regimes side by side: the new regime with its ₹75,000 standard deduction and seven slabs (nil up to ₹4 lakh, then 5%, 10%, 15%, 20% and 25% bands up to ₹24 lakh, and 30% above), and the old regime with its ₹50,000 standard deduction, classic 5%/20%/30% slabs and a field for your 80C, 80D and HRA deductions. It highlights which regime is cheaper and by exactly how much.

The calculation follows the Income Tax Act's method precisely. Under the new regime, the Section 87A rebate wipes out tax entirely when taxable income is up to ₹12 lakh — about ₹12.75 lakh of salary after the standard deduction — with marginal relief so incomes just above the limit are never worse off. A worked example: on a ₹16 lakh salary, taxable income is ₹15.25 lakh; slab tax comes to ₹20,000 + ₹40,000 + ₹48,750 = ₹1,08,750, plus 4% health and education cess of ₹4,350 — ₹1,13,100 in total, alongside your take-home and effective rate.

Everything runs in your browser: your salary is never uploaded or stored, so it is safe to test a real offer letter or the raise you are negotiating. Treat the result as a close planning estimate — it deliberately excludes the surcharge on very high incomes and assumes resident, under-60 old-regime slabs, so confirm final figures with a tax professional before filing.

Popular uses

Choosing between the new and old regime before submitting investment declarations to your employer Checking the real take-home impact of a raise, bonus or job switch Verifying whether your salary still falls in the nil-tax zone under ₹12.75 lakh Testing if your 80C/80D/HRA deductions are still large enough to justify the old regime Freelancers and consultants estimating advance tax on expected annual income

Frequently asked questions

Anyone whose taxable income is up to ₹12 lakh. The Section 87A rebate cancels the full slab tax at that level, and salaried taxpayers also get the ₹75,000 standard deduction first — so a salary of up to about ₹12.75 lakh results in nil tax under the new regime. Above that, marginal relief phases the tax in gently rather than hitting you with the full slab amount.

Without it, earning ₹1 above the rebate limit would trigger the entire slab tax at once. Marginal relief caps your tax at the amount by which taxable income exceeds ₹12 lakh: at ₹12.10 lakh taxable, slab tax would be ₹61,500, but you pay only ₹10,000 (plus cess). The calculator applies this automatically, which is why tax grows rupee-for-rupee just past the limit.

It depends entirely on your deductions. The new regime has lower rates and a bigger ₹75,000 standard deduction but ignores 80C, 80D and HRA; the old regime keeps those deductions but taxes 5% from ₹2.5 lakh, 20% from ₹5 lakh and 30% above ₹10 lakh. Enter your actual deduction total in the field and the side-by-side comparison shows which one saves you money — for most people with modest deductions, the new regime now wins.

The surcharge that applies above ₹50 lakh of income, special rates on capital gains, professional tax, and EPF or other payroll deductions. The old-regime slabs shown are for resident individuals under 60 (senior citizens get higher exemption limits). So the result is your income-tax-plus-cess estimate, not a complete payslip breakdown.

They are the same tax year seen from two sides: FY (financial year) 2025-26 is when the income is earned — April 2025 to March 2026 — and AY (assessment year) 2026-27 is when that income is assessed and the return is filed. This calculator uses FY 2025-26 rates, which Budget 2026 also carried forward unchanged into FY 2026-27.

Income Tax Calculator India FY 2025-26 — New vs Old is 100% free — no signup, no watermarks and no usage limits. It’s one of 200+ free tools we build and give away.

It uses the standard formulas and shows its working, so you can verify every number. For big decisions, treat the result as a reliable estimate.

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