Income Tax Calculator
For FY 2025-26, salary up to ₹12.75 lakh pays no tax under the new regime; a ₹15 lakh salary pays about ₹97,500 and ₹20 lakh about ₹1,92,400, including 4% cess.
Last reviewed
Compare your tax under the old and new regimes for FY 2025-26 (AY 2026-27). The new regime has lower rates and a ₹75,000 standard deduction but few other deductions; the old regime allows 80C, 80D, HRA and more.
FY 2025-26 (AY 2026-27) slabs, including cess and the 87A rebate. Surcharge (income above ₹50 lakh) is not included.
Example
On a salary of ₹13,50,000 under the new regime, taxable income after the ₹75,000 standard deduction is ₹12,75,000, and tax plus 4% cess is about ₹74,100.
Income Tax Calculator scenarios
| Gross salary | New regime | Old regime (no other deductions) | Old regime (₹1.5L 80C + ₹25k 80D) |
|---|---|---|---|
| ₹8.00 lakh | ₹0 | ₹65,000 | ₹28,600 |
| ₹10.00 lakh | ₹0 | ₹1,06,600 | ₹70,200 |
| ₹12.75 lakh | ₹0 | ₹1,87,200 | ₹1,32,600 |
| ₹15.00 lakh | ₹97,500 | ₹2,57,400 | ₹2,02,800 |
| ₹20.00 lakh | ₹1,92,400 | ₹4,13,400 | ₹3,58,800 |
| ₹25.00 lakh | ₹3,19,800 | ₹5,69,400 | ₹5,14,800 |
| ₹30.00 lakh | ₹4,75,800 | ₹7,25,400 | ₹6,70,800 |
What changes the result
- Your regime: the new regime is the default; the old regime must be chosen and only pays off with large deductions.
- Deductions under the old regime — 80C (up to ₹1.5 lakh), 80D, HRA, home loan interest and NPS (80CCD(1B)).
- The Section 87A rebate: nil tax up to ₹12 lakh taxable income in the new regime (₹5 lakh in the old), with marginal relief just above ₹12 lakh.
- Age: the old regime has higher basic exemptions for people aged 60 and above; this table uses below-60 slabs.
- Income type — capital gains, for example, are taxed at special rates outside these slabs.
How to use this calculator
- Enter your gross annual salary or income.
- Enter deductions you can claim under the old regime: 80C, HRA exemption and 80D.
- Compare the tax, including 4% cess, under the old and new regimes.
- Check which regime results in lower tax for your numbers.
Income Tax Calculator FAQs
Is income up to ₹12 lakh tax-free?
Under the new regime, the Section 87A rebate makes tax nil when taxable income is up to ₹12 lakh (₹12.75 lakh salary after the standard deduction). Special-rate income such as capital gains is treated separately.
Which regime should I choose?
If your deductions (80C, 80D, HRA, home loan interest) are large, the old regime can be cheaper; otherwise the new regime usually is. The calculator shows both.
What are the new regime slabs for FY 2025-26?
Nil up to ₹4 lakh; 5% from ₹4–8 lakh; 10% from ₹8–12 lakh; 15% from ₹12–16 lakh; 20% from ₹16–20 lakh; 25% from ₹20–24 lakh; and 30% above ₹24 lakh, plus 4% cess.
Is surcharge included?
No. Surcharge applies only when total income exceeds ₹50 lakh and is not included in the calculator or the table.
What is marginal relief?
Just above ₹12 lakh of taxable income, new-regime tax (before cess) cannot exceed the income above ₹12 lakh. On ₹12.10 lakh taxable, slab tax would be ₹61,500, but tax payable is only ₹10,000. The relief stops mattering at about ₹12.71 lakh of taxable income; on ₹12.75 lakh, tax is ₹71,250 before cess.
Results are estimates for planning only and are not financial, tax or investment advice. Check figures with your bank, fund house or tax adviser before acting on them.