Income Tax Calculator
Estimate your tax liability for the financial year 2025-26 (AY 2026-27) in seconds. Built for Indian taxpayers to maximize savings.
Maximize Your Tax Savings for FY 2025-26
The Union Budget 2025 has introduced major relief for middle-class taxpayers by increasing tax slabs and standard deductions in the New Tax Regime. Choosing between the Old and New regimes now requires a fresh comparison. Our calculator simplifies this by providing a side-by-side breakdown for the Financial Year 2025-26 (Assessment Year 2026-27).
Old vs New Tax Regime: Key Changes (FY 25-26)
Old Tax Regime
- • No changes announced in Budget 2025.
- • Allows deductions like 80C (up to ₹1.5L).
- • Allows HRA, LTA, and home loan interest deductions.
- • Best for those with heavy tax-saving investments.
New Tax Regime (Default)
- • Standard Deduction increased to ₹1,00,000.
- • No tax on income up to ₹12 Lakhs (with rebates).
- • Significantly lower tax rates across all slabs.
- • No investment proof required, simple filing.
Income Tax Slabs for FY 2025-26 (New Regime)
| Income Slab | Tax Rate |
|---|---|
| Up to ₹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% |
| Above ₹20,00,000 | 30% |
Which regime is better now?
With the ₹1 Lakh standard deduction and zero tax up to ₹12 Lakhs income, the New Regime has become the overwhelmingly better choice for the majority of Indian salaried taxpayers. You would need very high deductions (typically above ₹4,25,000) for the Old Regime to result in lower tax than the updated New Regime.