Income Tax Calculator (FY 2025-26)
Old vs new regime, side by side. See which one saves you more, based on your actual deductions.
What is Income Tax?
An income tax calculator for FY 2025-26 (AY 2026-27) applies both the new regime (default) and old regime slabs to your income, and highlights which saves you more tax.
Old regime: Nil up to ₹2.5L · 5% (2.5–5L) · 20% (5–10L) · 30% (above 10L). 87A rebate up to ₹5L.
4% Health & Education Cess added on final tax.
Worked example
On ₹15L income with full 80C (₹1.5L), 80D (₹25K), and HRA of ₹1.2L: new regime tax ≈ ₹90,480; old regime tax ≈ ₹1,30,000. New regime wins by ₹39K+.
Frequently asked questions
What's new in FY 2025-26 tax slabs?
Budget 2025 raised the 87A rebate limit to ₹12L in the new regime and widened slab ranges. Standard deduction increased to ₹75,000.
Which regime should I choose?
For most salaried people without heavy deductions, new regime wins. If you claim ₹1.5L 80C + ₹50K NPS + ₹50K 80D + HRA, old regime may still win. Always compare.
Can I switch between regimes each year?
Salaried: yes, every FY. Business/professional income: one-time switch from new to old, then one more chance back.