Income Tax Calculator
Estimate India income tax for FY 2025-26 (Assessment Year 2026-27) under the New and Old regimes.
FY 2025-26 · AY 2026-27 · Budget 2025–style slabs
New regime: most deductions (including 80C/80D) are not applied. Rebate u/s 87A zeroes tax when taxable income is ≤ ₹12,00,000.
Disclaimer
This is a simplified estimate only and is not tax advice. It does not cover surcharge, special incomes, exemptions, or every deduction. Confirm figures with a qualified tax professional or the Income Tax Department before filing.
What is the Income Tax Calculator?
The Income Tax Calculator estimates Indian income tax for FY 2025-26 (Assessment Year 2026-27) under both the new and old regimes. Enter income (and deductions for the old regime) to see tax, cess and an effective rate.
The new regime uses the Budget 2025 slab structure with a higher rebate threshold so many mid-income salaried taxpayers owe zero tax when eligible. The old regime keeps classic slabs and lets you model 80C/80D-style deductions.
Results are educational estimates for planning conversations — not a filing engine. Always confirm with the latest Income Tax Department rules or a qualified advisor before you file.
How to use the Income Tax Calculator
- 1Select New Regime or Old Regime.
- 2Enter your annual taxable income (and deductions if using Old Regime).
- 3Review tax before cess, 4% health & education cess, total liability and effective rate.
- 4Compare regimes before choosing which to file under.
When to use the Income Tax Calculator
- Roughly compare new vs old regime before submitting Form 16 inputs to payroll.
- Estimate advance tax needs mid-year.
- Explain slab differences to a family member with a simple number.
- Sanity-check a spreadsheet model against a second calculator.
Key features
- New and old regime modes
- FY 2025-26 oriented slabs
- Cess and effective rate
- Old-regime deduction inputs
Important notes
- This is not tax advice and may not include every rebate, surcharge tier or special income head.
- Surcharge for very high incomes and special rates (e.g. capital gains) are outside this simple estimator.
- Laws change — verify against the Finance Act / Income Tax Department for the year you file.
Frequently asked questions
Which financial year does this target?
FY 2025-26 / AY 2026-27 style new-regime slabs as commonly summarised after Budget 2025, plus a classic old-regime comparison.
Does the new regime rebate make tax zero?
When income is within the rebate eligibility window modelled here, tax can show as zero after rebate. Confirm eligibility and limits in official guidance.
Are capital gains included?
No. This estimator focuses on ordinary slab tax for a simplified income figure.
Should I switch regimes based only on this?
Use it as a starting comparison, then validate with a CA or the e-filing utility using your full income details.
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