Income Tax Calculator

Calculate your Indian income tax liability under both Old and New Regimes (FY 2025-26)

Enter Your Income Details

₹

Deductions (Old Regime)

(old regime only)

Tax Slab Breakdown

New Tax Regime

The slabs this calculator applies under the new regime

₹0L – ₹4L0%
₹4L – ₹8L5%
₹8L – ₹12L10%
₹12L – ₹16L15%
₹16L – ₹20L20%
₹20L – ₹24L25%
Above ₹24L30%

Old Tax Regime

The slabs this calculator applies under the old regime

₹0L – ₹3L0%
₹3L – ₹5L5%
₹5L – ₹10L20%
Above ₹10L30%

Frequently Asked Questions

What is the new tax regime in India?+
The new tax regime (FY 2025-26) offers lower rates with fewer deductions: 0% up to ₹4L, 5% for ₹4-8L, 10% for ₹8-12L, 15% for ₹12-16L, 20% for ₹16-20L, 25% for ₹20-24L, and 30% above ₹24L. Standard deduction of ₹75,000 applies.
Which tax regime should I choose?+
Choose the old regime if you have significant deductions (HRA, 80C, 80D, home loan interest exceeding ₹3-4 lakh). Choose the new regime if your deductions are minimal — the lower slab rates often result in less tax.
Is surcharge applicable on income tax?+
Yes, a surcharge applies on income above ₹50L: 10% for ₹50L-1Cr, 15% for ₹1-2Cr, 25% for ₹2-5Cr (old regime). Under the new regime, the maximum surcharge is capped at 25%.
What is the standard deduction for salaried individuals?+
Under the new regime (FY 2025-26), the standard deduction is ₹75,000 for salaried individuals. Under the old regime, it is ₹50,000.
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