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Income Tax Calculator

Compare old and new tax regimes for FY 2025-26 / AY 2026-27 using salary income, slab-rate income, and key deductions.

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Interactive calculator

Calculate income tax for FY 2025-26

This version is scoped to FY 2025-26 / AY 2026-27 and supports slab-rate salary and other income, standard deduction, Section 80C, Section 80D, self-occupied home loan interest, and user-entered additional eligible deductions.

Comparison uses FY 2025-26 rules for income earned from April 1, 2025 to March 31, 2026, assessed in AY 2026-27.
Income type
Are parents senior citizens?

Old regime summary

Taxable income

₹15,75,000

Total tax

₹2,96,400

Cess ₹11,400

Deductions

₹2,25,000

Slab tax

₹2,85,000

Relief / rebate

₹0

New regime summary

Taxable income

₹17,25,000

Total tax

₹1,50,800

Cess ₹5,800

Deductions

₹75,000

Slab tax

₹1,45,000

Relief / rebate

₹0

Scope note: this calculator is intentionally limited to slab-rate income under FY 2025-26 / AY 2026-27. It does not include surcharge, capital gains tax, lottery income, or every special-case deduction rule.

Results

Better regime

New regime

Potential tax saving

₹1,45,600

New regime total tax

₹1,50,800

Old regime total tax

₹2,96,400

How to use it

  1. 01Enter your annual salary and any additional slab-rate taxable income.
  2. 02Fill only the deductions supported by this version, including standard deduction, 80C, 80D, home loan interest, and already-computed eligible extras.
  3. 03Compare the total tax under both regimes and review the savings difference.

Result guide

  • The comparison includes 4% health and education cess after rebate or relief.
  • The calculator supports slab-rate income only and excludes special-rate items like capital gains.
  • Above Rs. 50 lakh, surcharge is not included in this launch version.

Why this page matters

A production tax calculator needs date-bound rules. This one is scoped to FY 2025-26, covering income earned from April 1, 2025 to March 31, 2026 and assessed in AY 2026-27.

The main purpose is to compare old and new regimes with a realistic but explicit deduction set instead of pretending to cover every special-case tax rule in one screen.

Frequently asked questions

Which tax year does this calculator use?

It uses FY 2025-26 rules for income earned from April 1, 2025 to March 31, 2026, assessed in AY 2026-27.

Does it cover capital gains or lottery income?

No. This version is intentionally limited to slab-rate income so the scope stays explicit and reliable.

Why compare both regimes instead of showing only one answer?

Because eligibility for deductions can shift which regime is cheaper, and the better option differs from person to person.

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