Income Tax Calculator
Estimate your income tax liability under India's new tax regime (FY 2025-26 slabs).
About the Income Tax Calculator
Under the new tax regime for FY 2025-26, salaried taxpayers get a flat ₹75,000 standard deduction, and the Section 87A rebate wipes out tax entirely for taxable income up to ₹12 lakh. Above that, slab rates of 5% to 30% apply progressively, plus 4% health and education cess.
This calculator applies the new-regime slabs only. If you claim large deductions (80C, home loan interest, HRA), compare with the old regime before choosing.
Frequently asked questions
Is income up to ₹12 lakh really tax-free?
Effectively yes for FY 2025-26 — the 87A rebate cancels the computed tax when taxable income (after standard deduction) is up to ₹12 lakh. Marginal relief applies slightly above it.
Can I still choose the old regime?
Yes, taxpayers can opt for the old regime with its deductions; salaried individuals can switch their choice each year when filing.