Income Tax Calculator
Income Tax Calculator FY 2025-26
Calculate your income tax under the new regime for FY 2025-26 (AY 2026-27). Enter your annual income to see slab-wise tax, rebate, cess and your effective tax rate.
New regime, FY 2025-26 slabs. Income up to ₹12 lakh (taxable) pays zero tax via rebate u/s 87A. Estimate only — marginal relief and surcharge not applied.
New regime slabs FY 2025-26
- ₹0 – ₹4,00,000: Nil
- ₹4,00,001 – ₹8,00,000: 5%
- ₹8,00,001 – ₹12,00,000: 10%
- ₹12,00,001 – ₹16,00,000: 15%
- ₹16,00,001 – ₹20,00,000: 20%
- ₹20,00,001 – ₹24,00,000: 25%
- Above ₹24,00,000: 30%
Key points
- Zero tax up to ₹12 lakh taxable income thanks to the section 87A rebate.
- ₹75,000 standard deduction for salaried individuals — so salary up to ₹12.75 lakh effectively pays no tax.
- 4% health & education cess applies on the tax amount.
Frequently asked questions
New vs old regime — which is better? The new regime usually wins if you claim few deductions; the old regime can win with heavy 80C/HRA/home-loan deductions. Compare both before filing.
Is this calculator exact? It is a close estimate for salary income; surcharge, marginal relief and special incomes are not covered.
When did these slabs start? These are the Budget 2025 slabs applicable for FY 2025-26 (assessment year 2026-27).