Calculate income tax for FY 2025-26 with Old vs New Regime comparison
Standard Deduction: ₹50,000 (Old) / ₹75,000 (New)
Need more deductions? Click the "Add More Deductions" button above to select additional deductions like Education Loan, HRA, LTA, Donations, etc.
Select only the deductions you are eligible for: Check the box to enable input field
Understanding Your Tax: This table breaks down your tax calculation slab by slab, showing exactly how much income falls in each tax bracket and the tax amount for that portion.
| Income Slab Range | Tax Rate | Your Income in Slab | Tax Amount |
|---|---|---|---|
| Total Tax (Before Cess): | ₹0 | ||
| Add 4% Health & Education Cess: | ₹0 | ||
| Final Tax Liability: | ₹0 | ||
Enter your income details and click Calculate
FY 2025-26: New Regime is highly beneficial with ZERO tax up to ₹12L. Choose New Regime if income ≤ ₹15L or minimal deductions. Choose Old Regime only if deductions exceed ₹2.5L and income > ₹12L. Use comparison tool above for accurate calculation.
Standard Deduction is a flat deduction from salary income. FY 2025-26: ₹75,000 for BOTH Old and New Regime. It's automatically applied to all salaried individuals without any investment.
Yes, salaried individuals can switch every financial year. Business owners can switch only once during their lifetime. Default is New Regime from FY 2023-24 unless you opt for Old.
In Old Regime, with all deductions: 80C (₹1.5L) + 80CCD(1B) (₹50K) + 80D (₹1L) + 24(b) (₹2L) + 80E (Unlimited) + Others = ₹5L+ in deductions, saving up to ₹1.5L in tax (30% bracket).
HRA exemption is the minimum of: (1) Actual HRA received, (2) Rent paid minus 10% of salary, (3) 50% of salary if metro city (40% for non-metro). Use HRA calculator for accurate computation.
FY 2025-26 Update: New Regime: ZERO TAX up to ₹12 lakh income (100% rebate). Old Regime: ₹12,500 rebate if total income ≤ ₹5 lakh. This is the biggest tax benefit for middle-class taxpayers!
Budget 2025-26 Slabs: ₹0-4L (0%), ₹4L-8L (5%), ₹8L-12L (10%), ₹12L-16L (15%), ₹16L-20L (20%), Above ₹20L (30%). Plus 4% cess. Remember: Income up to ₹12L = Zero Tax due to Section 87A!