Income Tax Calculator - Free Online Tool
Calculate income tax under New and Old Tax Regime for FY 2025-26. Compare regimes side by side with slab breakdown, Section 87A rebate, and 4% cess. Free.
Calculate income tax under New and Old Tax Regime for FY 2025-26 with slab-wise breakdown and comparison
Income Tax Calculator Features
- Dual Regime Calculation: Calculate income tax under both New (2025-26) and Old Tax Regime side by side
- Compare & Choose: Visual comparison showing which regime saves you more tax
- Section 87A Rebate: Automatic rebate for income up to Rs 7 lakh (new) and Rs 5 lakh (old)
- Slab-wise Breakdown: See tax computed at each slab rate with cess and effective rate
How to Use Income Tax Calculator
Calculate income tax in three simple steps
- Step 1: Enter Income — Enter your gross annual income and deductions for the old regime
- Step 2: View Tax — See tax calculated instantly under both regimes with slab breakdown
- Step 3: Compare & Save — Compare old vs new regime to choose the one that saves you more tax
Frequently Asked Questions about Income Tax Calculator
What is the New Tax Regime for FY 2025-26?
The New Tax Regime for FY 2025-26 has 6 slabs: 0-3L (0%), 3-7L (5%), 7-10L (10%), 10-12L (15%), 12-15L (20%), above 15L (30%). Standard deduction is Rs 75,000 and Section 87A rebate applies for taxable income up to Rs 7 lakh.
Which regime is better — old or new?
It depends on your deductions. If you claim significant deductions under 80C, 80D, HRA, home loan interest, etc. (typically Rs 3-5 lakh+), the Old Regime may save more. Otherwise, the New Regime with lower slab rates is usually better. Use our comparison feature to check.
What is Section 87A rebate?
Section 87A provides a rebate that makes your tax liability zero if your taxable income is up to Rs 7 lakh (new regime) or Rs 5 lakh (old regime). The rebate equals the tax payable or Rs 25,000, whichever is less.
What is the standard deduction?
Standard deduction is a flat deduction from gross salary — Rs 75,000 in the New Tax Regime and Rs 50,000 in the Old Tax Regime for FY 2025-26.
Is Health & Education Cess included?
Yes, 4% Health & Education Cess is automatically added to the computed tax. This is applied after all rebates and deductions.
Does this calculator include surcharge?
This calculator covers standard tax computation with cess. Surcharge applies for incomes above Rs 50 lakh — for those cases, consult a CA for the exact amount.
Is this income tax calculator free?
Yes, completely free with no signup. All calculations happen in your browser — no salary data is sent to any server.
Income tax kaise calculate kare?
Apni annual salary enter kare, old regime me deductions add kare (80C, HRA, etc.), aur tool automatically dono regimes me tax calculate karega with slab-wise breakdown, cess, aur effective rate.
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