📊 Income Tax
Income Tax Calculators FY 2025-26
Calculate your income tax under Old and New Regime side by side. Slab-wise breakup, Sec 87A rebate, surcharge, all deductions — updated for Union Budget 2025.
FY 2025-26 Current
₹12L Zero Tax (New)
Old + New Both Compared
Tax Tools
Know exactly what you owe
Updated for FY 2025-26 with new ₹12L zero-tax threshold and ₹75,000 standard deduction.
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Income Tax Calculator 2025-26
Old vs New Regime tax comparison with slab-wise breakup. Enter your income, deductions (80C, 80D, HRA, home loan), and see which regime saves more. Includes Sec 87A rebate, surcharge, and 4% cess. Instant result, no login.
Income Tax Slabs FY 2025-26 — Old vs New Regime
New Tax Regime (Default)
| Income Range | Rate |
|---|---|
| Up to ₹4 lakh | 0% |
| ₹4L – ₹8L | 5% |
| ₹8L – ₹12L | 10% |
| ₹12L – ₹16L | 15% |
| ₹16L – ₹20L | 20% |
| ₹20L – ₹24L | 25% |
| Above ₹24L | 30% |
Sec 87A Rebate (New Regime)
Zero income tax if taxable income ≤ ₹12 lakh. Rebate up to ₹60,000. Standard deduction ₹75,000 for salaried.
Old Tax Regime
| Income Range | Rate |
|---|---|
| Up to ₹2.5 lakh | 0% |
| ₹2.5L – ₹5L | 5% |
| ₹5L – ₹10L | 20% |
| Above ₹10L | 30% |
Sec 87A Rebate (Old Regime)
Zero tax if taxable income ≤ ₹5 lakh. Rebate up to ₹12,500. Standard deduction ₹50,000 for salaried.
Which Regime Should You Choose?
Old Regime works better if you have:
- Home loan with interest > ₹1.5L/year
- HRA exemption in a metro city
- Maximum 80C investments (₹1.5L)
- Health insurance premium (80D)
- NPS contribution (80CCD)
- Total deductions above ~₹3.75L
New Regime works better if you:
- Have income up to ₹12L (zero tax)
- Don’t have a home loan
- Live in your own house (no HRA)
- Have minimal tax-saving investments
- Want simpler tax filing
- Are in early career with low deductions
Frequently Asked Questions — Income Tax
New Regime slabs for FY 2025-26: 0-4L = 0%, 4-8L = 5%, 8-12L = 10%, 12-16L = 15%, 16-20L = 20%, 20-24L = 25%, above 24L = 30%. Additionally, Sec 87A rebate ensures zero tax for income up to ₹12 lakh, and standard deduction of ₹75,000 is available for salaried employees. Add 4% health and education cess on the final tax amount.
Under New Regime: The tax rebate under Sec 87A is up to ₹60,000, applicable when total taxable income does not exceed ₹12 lakh. This effectively means zero income tax for income up to ₹12 lakh. Under Old Regime: The rebate is up to ₹12,500, applicable when taxable income does not exceed ₹5 lakh. Note: The rebate applies only on normal rate income — special rate income like capital gains is excluded.
Key deductions under Old Regime: Standard Deduction ₹50,000 (salaried), Sec 80C up to ₹1.5L (PF, ELSS, PPF, LIC, home loan principal), Sec 80D health insurance premium, HRA exemption Sec 10(13A), Home Loan Interest Sec 24(b) up to ₹2L, NPS Sec 80CCD(1B) up to ₹50,000, Leave Travel Allowance, and several others. Total deductions can significantly reduce taxable income.
Surcharge is an additional tax on high incomes: 10% surcharge if income is ₹50L-₹1Cr, 15% if ₹1Cr-₹2Cr, 25% if ₹2Cr-₹5Cr, 37% if above ₹5Cr (Old Regime only). Under New Regime, surcharge is capped at 25% regardless of income. After surcharge, 4% health and education cess is applied on (tax + surcharge).
Salaried employees can switch between Old and New Regime every financial year when filing their ITR. However, individuals with business income can switch only once from New to Old Regime and cannot switch back. For salaried employees, inform your employer of your choice at the beginning of the financial year for TDS purposes, though the final choice is made when filing ITR.