Income Tax Calculator — FY 2025-26 (AY 2026-27)

Compare the old and new tax regimes instantly under Budget 2025 slabs. Enter your income, see your tax both ways, and know which regime saves you more.

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New regime income tax slabs — FY 2025-26

Taxable incomeRate
Up to ₹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%
₹20,00,001 – ₹24,00,00025%
Above ₹24,00,00030%

Rebate under Section 87A makes tax zero for taxable income up to ₹12,00,000 in the new regime. With the ₹75,000 standard deduction, salaried income up to ₹12.75 lakh is effectively tax-free.

Old regime income tax slabs — FY 2025-26

Taxable incomeRate
Up to ₹2,50,000Nil
₹2,50,001 – ₹5,00,0005%
₹5,00,001 – ₹10,00,00020%
Above ₹10,00,00030%

The old regime keeps 80C, 80D, HRA and home-loan deductions, with a ₹50,000 standard deduction and an 87A rebate up to ₹12,500 (income up to ₹5 lakh).

FAQs

Is income up to ₹12 lakh tax-free in FY 2025-26?

Yes — under the new regime, taxable income up to ₹12 lakh has zero tax thanks to the ₹60,000 Section 87A rebate. For salaried people, the ₹75,000 standard deduction lifts this to ₹12.75 lakh.

Which regime should I pick?

If you claim big deductions (80C, home loan, HRA), the old regime may win; otherwise the new regime is usually better. This tool compares both for your exact numbers.

Does this include cess and surcharge?

It adds the 4% cess and the 87A rebate. Surcharge (above ₹50 lakh) and capital-gains rates aren't included — our experts handle those.

Disclaimer: This calculator is for general guidance using FY 2025-26 (AY 2026-27) rates and does not constitute tax advice. Verify with a professional before filing.