Tax · Free tool
Income Tax Calculator
FY 2025-26 (AY 2026-27)
Enter your salary and deductions — see your tax under both the new and old regime, side by side. Includes the new ₹12L rebate, marginal relief, surcharge slabs and the 4% health & education cess. Most online calculators get the marginal-relief step wrong; this one doesn't.
Old-regime deductions (used only for the old-regime column)
Old regime
Slab-wise breakdown
| Slab | Rate | Tax |
|---|---|---|
| ₹0–₹2,50,000 | 0% | ₹0 |
| ₹2,50,000–₹5,00,000 | 5% | ₹12,500 |
| ₹5,00,000–₹10,00,000 | 20% | ₹1,00,000 |
| ₹10,00,000–∞ | 30% | ₹82,500 |
New regime
RecommendedSlab-wise breakdown
| Slab | Rate | Tax |
|---|---|---|
| ₹0–₹4,00,000 | 0% | ₹0 |
| ₹4,00,000–₹8,00,000 | 5% | ₹20,000 |
| ₹8,00,000–₹12,00,000 | 10% | ₹40,000 |
| ₹12,00,000–₹16,00,000 | 15% | ₹33,750 |
You don’t have enough deductions to make the old regime worth it. Choose new at the start of the FY.
FY 2025-26 changes you need to know
- Basic exemption raised to ₹4L in the new regime (was ₹3L).
- Section 87A rebate now covers up to ₹12L of taxable income in the new regime — that means zero tax for most salaried earners up to a gross of ₹12.75L (after the ₹75,000 standard deduction).
- Marginal relief applies between ₹12L and roughly ₹12.7L, so a ₹1 jump above ₹12L doesn't suddenly cost you ₹60,000.
- Standard deduction is ₹75,000 (new regime) and ₹50,000 (old regime), available only to salaried individuals and pensioners.
- The old regime survives — useful only if you have ₹3L+ of legitimate deductions (80C + 24b interest + HRA).
New regime slabs
| Income (₹) | Rate |
|---|---|
| 0 – 4,00,000 | 0% |
| 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% |
| 20,00,001 – 24,00,000 | 25% |
| Above 24,00,000 | 30% |
Old regime slabs
0% up to ₹2.5L (₹3L for ages 60–80, ₹5L for 80+), then 5% up to ₹5L, 20% up to ₹10L, 30% above. Rebate up to ₹12,500 if taxable income ≤ ₹5L.
Surcharge & cess
Surcharge kicks in above ₹50L of taxable income: 10% (50L–1Cr), 15% (1–2Cr), 25% (2–5Cr). The new regime caps surcharge at 25% even above ₹5Cr — the old regime keeps the 37% band there. Health & education cess of 4% is added on top.