🧾 Income Tax Calculator India FY 2025-26 — New vs Old Regime

What is a Income Tax Calculator?

India's income tax system for salaried individuals underwent a major change in 2023-24 with the introduction of the revised new tax regime. From FY 2025-26, the new regime is the default regime with a rebate of ₹60,000 under Section 87A making income up to ₹12 lakh effectively zero-tax.

Choosing the right tax regime — old or new — can save you ₹10,000 to ₹1,00,000+ in taxes annually depending on your income, deductions, and investments. Our calculator computes tax under both regimes simultaneously and tells you exactly which one saves more money.

How is it calculated?

How to use this calculator

1. Enter your annual gross income (CTC minus employer PF, gratuity, etc.)
2. Enter Section 80C investments — PPF, EPF, ELSS, life insurance premium, home loan principal
3. Enter HRA exemption — use our HRA calculator for the exact amount
4. Enter other deductions — 80D health insurance, 80E education loan, NPS 80CCD
5. Enter home loan interest — deductible up to ₹2 lakh under Section 24
6. Calculate — the tool shows tax under both regimes and recommends the better one

Benefits

• Instant comparison: See both regimes side by side — no manual calculation needed
• Clear recommendation: Calculator tells you which regime saves more
• Complete breakdown: Taxable income, tax slab-wise, cess — full transparency
• FY 2025-26 updated: Includes the new ₹12 lakh zero-tax rebate under new regime
• PDF report: Download your tax comparison for records or CA consultation

Frequently asked questions