Income Tax Calculator (FY 2025-26)
Estimate income tax for FY 2025-26 (AY 2026-27) under both regimes so you can see which is cheaper. Includes the ₹75,000 / ₹50,000 standard deduction, the revised Section 87A rebate (nil tax up to ₹12 lakh taxable in the new regime) and 4% health & education cess.
Gross annual income (₹)
Old-regime deductions (₹)80C, 80D, HRA, home-loan interest, NPS…
new regime
CHEAPER₹97,500
- Taxable income
- ₹14,25,000
- Tax (after 87A)
- ₹93,750
- Health & edu cess (4%)
- ₹3,750
old regime
₹1,95,000
- Taxable income
- ₹12,50,000
- Tax (after 87A)
- ₹1,87,500
- Health & edu cess (4%)
- ₹7,500
Difference
₹97,500 cheaper on the new regime
Estimate for a resident individual under 60, FY 2025-26. Surcharge shown without marginal relief; capital gains, section-specific caps and employer NPS are not modelled. Verify with a CA before filing.
How to use it
- Enter your gross annual income.
- Enter total old-regime deductions (80C, 80D, HRA, home-loan interest…).
- Compare the tax under each regime, shown side by side.
FAQ
- How accurate is this?
- It's a close estimate for a salaried resident individual under 60. It doesn't handle capital gains, surcharge on very high incomes, or marginal relief. Confirm with a CA before filing.
- What is the new-regime rebate?
- For FY 2025-26, Section 87A means a resident pays no tax if taxable income (after the ₹75,000 standard deduction) is up to ₹12,00,000 in the new regime — so roughly ₹12.75 lakh of salary. In the old regime the rebate threshold stays at ₹5,00,000.
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