Income Tax Calculator – India
FY 2025-2026 (AY 2026-2027)
Disclaimer: This calculator is for educational and planning purposes only. Please verify final tax computations with the latest provisions of the Income-tax Act, Finance Acts, and the official Income Tax Department calculator before filing returns.
Assessee Details
Statement of Income
Enter your income details for the financial year
Enter gross salary. Standard deduction of ₹75,000 applied in New Regime.
Net income after 30% deduction u/s 24(a) and home loan interest
Interest, dividend, gifts, etc.
Taxed at flat 30%
Deductions under Chapter VI-A
Applicable mainly under Old Regime
Max ₹1,50,000
Health insurance premium
Savings interest (Max ₹10,000)
80E, 80G, 80GG, etc.
80CCD(2) - Employer NPS (only allowed in new regime besides standard deduction)
Tax Computation
New Regime (115BAC) • FY 2025-2026
Enter income details to see tax computation
Tax Slab Reference (FY 2025-26)
New Regime (115BAC)
Up to ₹4L - Nil
₹4L - ₹8L - 5%
₹8L - ₹12L - 10%
₹12L - ₹16L - 15%
₹16L - ₹20L - 20%
₹20L - ₹24L - 25%
Above ₹24L - 30%
Old Regime (Below 60)
Up to ₹2.5L - Nil
₹2.5L - ₹5L - 5%
₹5L - ₹10L - 20%
Above ₹10L - 30%