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Income Tax Calculator
Calculate your income tax for FY 2024-25 and FY 2025-26 under old and new tax regime
Enter Your Details
Standard deduction (₹75,000) applies only to salaried individuals
Calculation Results
Enter your income details and click Calculate Tax to see results
Tax Slabs for FY 2025-26
New Tax Regime SlabsSelected
₹0 - ₹4,00,000Nil
₹4,00,001 - ₹8,00,0005%
₹8,00,001 - ₹12,00,00010%
₹12,00,001 - ₹16,00,00015%
₹16,00,001 - ₹20,00,00020%
Above ₹20,00,00030%
Standard deduction: ₹75,000 (for salaried only)
Rebate u/s 87A: Income up to ₹12 lakh is tax-free!
Old Tax Regime Slabs
₹0 - ₹2,50,000Nil
₹2,50,001 - ₹5,00,0005%
₹5,00,001 - ₹10,00,00020%
Above ₹10,00,00030%
Standard deduction: ₹50,000 (for salaried only)
Deductions under 80C, 80D, and other sections available
Rebate u/s 87A: Income up to ₹5 lakh is tax-free
What's New in FY 2025-26?
- • Enhanced standard deduction increased to ₹75,000 (from ₹50,000)
- • Tax-free income increased to ₹4,00,000 (from ₹3,00,000)
- • Section 87A rebate increased: Income up to ₹12,00,000 is now tax-free in new regime! (previously ₹7 lakh)
- • Revised tax slabs with better thresholds for middle-income earners
- • Old regime slabs remain unchanged
Disclaimer
This calculator provides approximate tax calculations for informational purposes only. Actual tax liability may vary based on individual circumstances. For accurate tax planning and filing, please consult with a qualified Chartered Accountant.