Income Tax Calculator

Calculate tax under both the Old and New regimes and see which one is cheaper for you.

Total yearly income from salary / business

Old Regime Deductions (optional)

Max ₹1,50,000
Max ₹1,00,000
Max ₹50,000
Max ₹2,00,000

👆 The tax for both regimes will appear here live as soon as you enter your income.

This calculator is based on FY 2025-26 (AY 2026-27) slabs and provides an estimate only. Marginal relief on surcharge is not included. Confirm with a CA or the official Income Tax portal before final filing.

Tax Slabs (New Regime)

Income Slab Tax Rate
₹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%

How does it work?

1

Enter income

Select your annual income and age group.

2

Enter deductions

For the Old regime, fill in deductions like 80C, 80D, NPS, and home loan.

3

Compare

See the tax under both regimes side by side and choose the cheaper one.

Frequently Asked Questions

Which regime should I choose, Old or New?

If you have significant deductions (80C, HRA, home loan, etc.), the Old regime may work out cheaper. With fewer deductions, the New regime is usually better. The calculator shows the tax for both.

What is the rebate (87A)?

Under the New regime, tax is zero on taxable income up to ₹12 lakh. Under the Old regime, this limit is ₹5 lakh.

How much Standard Deduction is available?

Salaried individuals and pensioners get a standard deduction of ₹75,000 under the New regime and ₹50,000 under the Old regime.

Is my information saved?

No, all calculations happen in your browser. No data is sent to the server.

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