Income Tax Calculator (FY 2025-26)
Compare your tax under the old and new regimes and see which one saves you more this year.
Excludes the standard deduction, which is applied automatically. Ignored in the new regime.
Recommended for you
New regime
You save ₹1,17,000 per year.
New regime
Lower tax₹0
Old regime
₹1,17,000
FY 2025-26 (AY 2026-27). Verify against the Income Tax Department before filing.
How it's calculated
We compute tax under both regimes for FY 2025-26 (AY 2026-27) and show which is cheaper for you. For each regime we:
- apply the standard deduction (₹75,000 new / ₹50,000 old) if you're salaried;
- apply the old-regime deductions you enter (80C, 80D, HRA, etc.) — the new regime disallows most of these;
- apply the slab rates, the Section 87A rebate, any surcharge (with marginal relief), and 4% Health & Education Cess.
Verify before filing. Slab figures are being confirmed against the Income Tax Department. This tool is for estimation only — see the methodology page.
Tax tips
- Add up the deductions you'll actually claim before deciding on a regime.
- The new regime often wins if you have few deductions; the old regime rewards heavy 80C/HRA users.
- Review your choice each year — slabs and rules can change with the Budget.
Frequently asked questions
What is the difference between the old and new tax regimes?
The new regime offers lower slab rates but disallows most deductions and exemptions. The old regime has higher rates but lets you claim deductions such as 80C, 80D and HRA. Which one costs less depends on how many deductions you actually claim.
Which regime should I choose?
Enter your income and deductions above and the calculator shows the tax under both regimes and which is lower for you. As a rule of thumb, the more eligible deductions you have, the more likely the old regime wins.
What is the standard deduction?
The standard deduction is a flat amount subtracted from salary income before tax, available to salaried taxpayers and pensioners. The amount differs between the two regimes and is applied automatically in this calculator.
What is the Section 87A rebate?
Section 87A gives a rebate that can reduce your tax to nil if your taxable income is within the specified limit for your regime. The calculator applies it automatically, including marginal relief just above the limit in the new regime.
Is this calculator a substitute for filing advice?
No. It is an estimation tool. Tax rules have many special cases, and figures should be confirmed against the Income Tax Department and, where needed, a qualified professional before you file.
Comments
Leave a comment
Comments are moderated before they appear. Please keep it respectful.