🧾
Income Tax Calculator
FY 2025-26 income tax under old and new regime
₹10,00,000
₹1,00,000₹1,00,00,000
What is Income Tax Calculator?
The income tax calculator for FY 2025-26 helps salaried individuals and professionals estimate their tax liability under both the old and new tax regimes. The new tax regime (now default) offers lower slab rates but removes most deductions. The old regime allows deductions like 80C, HRA, NPS, and standard deduction of ₹50,000. For those with high deductions, the old regime may still be beneficial.
📐 Formula Used
New Regime Slabs (FY 2025-26): ₹0–3L: Nil | ₹3–7L: 5% | ₹7–10L: 10% | ₹10–12L: 15% | ₹12–15L: 20% | Above ₹15L: 30% Rebate u/s 87A: No tax up to ₹7L income under new regime
📖 How to Use
Enter your annual income, applicable deductions (old regime), and tax regime. The calculator shows your total tax liability, effective tax rate, and take-home after tax.