Calculate your tax liability under old and new regime. Compare and save.
Calculate Your Income Tax
Deductions (Old Regime)
Note: Standard deduction of ₹50,000 is automatically deducted for salaried individuals in old regime.
New Regime: Standard deduction of ₹75,000 is automatically applied. No other deductions allowed.
Tax Calculation Result
Income Slab
Amount
Rate
Tax
Taxable Income₹0
Total Tax (Before Cess)₹0
Health & Education Cess (4%)₹0
Total Tax Payable₹0
Monthly TDS Deductible₹0
Effective Tax Rate0.00%
Tax Slabs Reference FY 2025-26 (AY 2026-27)
Old Regime - General
Income Range
Tax Rate
Applicable For
Up to ₹2,50,000
Nil
General
₹2,50,001 – ₹5,00,000
5%
General
₹5,00,001 – ₹10,00,000
20%
General
Above ₹10,00,000
30%
General
Up to ₹3,00,000
Nil
Senior (60-80)
Up to ₹5,00,000
Nil
Super Senior (80+)
New Regime - FY 2025-26
Income Range
Tax Rate
Up to ₹4,00,000
Nil
₹4,00,001 – ₹8,00,000
5%
₹8,00,001 – ₹12,00,000
10%
₹12,00,001 – ₹16,00,000
15%
₹16,00,001 – ₹20,00,000
20%
₹20,00,001 – ₹24,00,000
25%
Above ₹24,00,000
30%
Frequently Asked Questions
What is Standard Deduction?+
Standard deduction is a fixed amount deducted from gross salary of salaried individuals. In FY 2025-26, it is ₹50,000 under old regime and ₹75,000 under new regime. This is automatically deducted without requiring any proof of expense.
What is Section 87A Rebate?+
Section 87A rebate is a special concession given to individuals with low income. Under old regime, if net income ≤ ₹5 lakh, tax is fully waived (max ₹12,500). Under new regime, if net income ≤ ₹12 lakh, tax is fully waived (max ₹60,000).
Which regime is better for me?+
It depends on your deductions. Old regime is beneficial if you have significant deductions (80C, 80D, HRA, etc.). New regime offers lower rates and higher basic exemption but no deductions. Use this calculator to compare both regimes and choose the better option. Most salaried employees prefer the new regime now after the 2024 budget changes.
What are the main deductions in old regime?+
Key deductions in old regime include: Section 80C (insurance, PPF, ELSS - max ₹1,50,000), Section 80D (health insurance premiums), Section 80TTA (savings interest - max ₹10,000), HRA exemption, and standard deduction (₹50,000 for salaried). Self-employed individuals can claim additional deductions like home office, depreciation, etc.
What is Health & Education Cess?+
Health & Education Cess is an additional 4% tax levied on the calculated income tax. It is calculated after applying rebates (like 87A) and is in addition to the tax already calculated. This cess is used for health and education infrastructure development.
How to Use This Calculator
Enter Annual Income:Input your total annual income from all sources.
Select Age Group:Choose your age bracket for correct basic exemption limit.
Choose Employment Type:Select if you're salaried or self-employed.
Add Deductions (Old Regime Only):Enter applicable deductions like 80C, 80D, HRA, etc.
Calculate:Click the Calculate button to see your tax liability.
Compare Regimes:Switch between Old and New regime to see which one saves more tax.
Disclaimer:This calculator provides estimates based on FY 2025-26 tax rates and rules. For accurate tax planning and compliance, consult a qualified tax professional or CA.
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