Income Tax Calculator (FY 2025-26)
Estimate your income tax under the New and Old regimes, with slab-wise tax, the Section 87A rebate and 4% cess.
| Slab | Rate | Income in slab | Tax |
|---|---|---|---|
| ₹0 – ₹4,00,000 | 0% | ₹4,00,000 | ₹0 |
| ₹4,00,000 – ₹8,00,000 | 5% | ₹4,00,000 | ₹20,000 |
| ₹8,00,000 – ₹12,00,000 | 10% | ₹4,00,000 | ₹40,000 |
| ₹12,00,000 – ₹16,00,000 | 15% | ₹2,25,000 | ₹33,750 |
Estimate for FY 2025-26 (AY 2026-27). The New regime is shown — switch the toggle to compare. Surcharge for very high incomes is not computed. This is not tax advice.
Income Tax Slabs FY 2025-26 (AY 2026-27)
India taxes income progressively — only the income within each slab is taxed at that slab's rate. A 4% Health & Education Cess applies on the tax in both regimes.
New regime (default)
| Taxable income | Rate |
|---|---|
| Up to ₹4,00,000 | 0% |
| ₹4,00,000 – ₹8,00,000 | 5% |
| ₹8,00,000 – ₹12,00,000 | 10% |
| ₹12,00,000 – ₹16,00,000 | 15% |
| ₹16,00,000 – ₹20,00,000 | 20% |
| ₹20,00,000 – ₹24,00,000 | 25% |
| Above ₹24,00,000 | 30% |
Standard deduction ₹75,000 (salaried). Section 87A: taxable income up to ₹12,00,000 → tax rebated to nil.
Old regime
| Taxable income | Rate |
|---|---|
| Up to ₹2,50,000 | 0% |
| ₹2,50,000 – ₹5,00,000 | 5% |
| ₹5,00,000 – ₹10,00,000 | 20% |
| Above ₹10,00,000 | 30% |
Standard deduction ₹50,000 plus deductions such as 80C (up to ₹1,50,000). Section 87A: taxable income up to ₹5,00,000 → tax rebated to nil.
Estimate for FY 2025-26 only. Surcharge for very high incomes is not computed. This is not tax advice — consult a chartered accountant or the Income Tax Department.
Frequently Asked Questions
- Which financial year does this use?
- It uses the slabs for FY 2025-26 (Assessment Year 2026-27). The New regime is the default; switch to the Old regime to compare.
- What is the Section 87A rebate?
- Under the New regime for FY 2025-26, if your taxable income is up to ₹12,00,000 the tax is fully rebated to nil (rebate capped at ₹60,000). Under the Old regime the rebate applies when taxable income is up to ₹5,00,000.
- What is the standard deduction?
- Salaried taxpayers get a standard deduction of ₹75,000 under the New regime and ₹50,000 under the Old regime. It is applied automatically before the slabs.
- Is the 4% cess included?
- Yes. A Health & Education Cess of 4% is added on the income tax after the Section 87A rebate, in both regimes.
- Which regime should I choose?
- The New regime has lower rates but very few deductions. The Old regime has higher rates but lets you claim 80C, HRA, home-loan interest and more. If you have large deductions the Old regime can win — use the toggle to compare both.
📅 Last updated: June 2026 · Formulas follow standard banking / tax conventions · Results are for reference only.