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Income Tax Calculator India

A free India income tax calculator for FY 2025-26 (Budget 2025). Calculate your tax liability under both Old and New tax regimes side by side. Supports standard deduction, HRA exemption, Section 80C, 80D, and other common deductions under the old regime. Helps salaried individuals decide which tax regime saves more money.

Annual Gross Salary (₹)

₹

Old Regime Deductions

Section 80C (max ₹1.5L)

Section 80D Medical (max ₹25K)

HRA Exemption (₹)

Standard deduction ₹50K (old) / ₹75K (new) auto-applied

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New Regime saves you ₹1.12 L in taxes

Old Regime

Taxable Income

₹9.75 L

Effective Rate

9.32%

Tax Slabs

₹0 – ₹2.5L (0%)—

₹2.5L – ₹5L (5%)₹12,500

₹5L – ₹10L (20%)₹95,000

Above ₹10L (30%)—

Base Tax₹1.07 L

Education Cess (4%)₹4,300

Total Tax (incl. cess)

₹1.12 L

New Regime (FY 2025-26)✓ Better Regime

Taxable Income

₹11.25 L

Effective Rate

0.00%

Tax Slabs

₹0 – ₹4L (0%)—

₹4L – ₹8L (5%)₹20,000

₹8L – ₹12L (10%)₹32,500

₹12L – ₹16L (15%)—

₹16L – ₹20L (20%)—

₹20L – ₹24L (25%)—

Above ₹24L (30%)—

Base Tax₹52,500

Sec 87A Rebate-₹52,500

Education Cess (4%)₹0

Total Tax (incl. cess)

₹0

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