Income Tax Calculator
Enter your annual income — compare tax under the new and old regimes and instantly see which regime is better for you.
How to use — Income Tax Calculator
- Enter your annual gross income (salary + other income).
- Keep the checkbox on if salaried — standard deduction (new: ₹75,000, old: ₹50,000) applies.
- For the old regime, enter your total deductions — 80C (1.5L), 80D, HRA, home loan interest combined.
- Click Calculate — see the tax under both regimes and which is better.
FAQ
What are the new regime slabs (FY 2025-26)?
₹0–4L: nil, 4–8L: 5%, 8–12L: 10%, 12–16L: 15%, 16–20L: 20%, 20–24L: 25%, 24L+: 30%. Salaried get a ₹75,000 standard deduction. If income is up to ₹12L, the 87A rebate makes tax ZERO (effectively up to ₹12.75L for salaried).
When is the old regime better?
When your deductions are very high — HRA + 80C + 80D + home loan interest adding up to a large chunk of income. Roughly ₹4–5 lakh+ in deductions is where the old regime wins. The calculator compares both.
What is the 87A rebate?
Under the new regime, if taxable income is up to ₹12 lakh, tax is fully waived (rebate up to ₹60,000). Under the old regime, up to ₹5 lakh gets a ₹12,500 rebate. This is why tax is zero at ₹12L income under the new regime.
What is cess?
Health & Education Cess — an extra 4% on the calculated tax. This calculator includes cess. Income above ₹50L attracts a separate surcharge, which isn't included here.