Income Tax Calculator (FY 2025-26) – New vs Old Regime
Compare Old vs. New Tax Regime instantly. Updated with Budget 2025 slabs, ₹75,000 Standard Deduction, and accurate HRA exemptions.
Income Details
Deductions (Old Regime)
Only for OldTax Comparison
By choosing the New Regime, you save ₹ 0
*Disclaimer: Educational purpose only. Includes Cess & Surcharge (basic). Consult CA for filing.
New Tax Regime Slabs (FY 2025-26)
Budget 2025 has revamped the New Tax Regime. The Standard Deduction is now ₹75,000 and the 87A rebate limit has been enhanced effectively making income up to ₹12 Lakhs tax-free (marginal relief applies).
Frequently Asked Questions – Income Tax Calculator FY 2025-26
Use our free income tax calculator FY 2025-26 to calculate income tax online and compare Old vs New Regime instantly. This income tax estimator India helps you perform accurate income tax calculation India with updated Budget 2025 slabs, Standard Deduction (₹75,000 New Regime), HRA exemption, and surcharge logic.
How to calculate income tax online using Income Tax Calculator FY 2025-26?
Enter your annual salary, other income, and deductions (80C, HRA, 80D, NPS, home loan). The income tax calculator FY 2025-26 instantly shows tax liability under both regimes and recommends the lower one with potential savings.
If you need to calculate tax deducted at source before receiving income, use our TDS Calculator India to estimate deductions accurately.
Which is better: Income Tax Calculator New Regime or Old Regime for FY 2025-26?
The income tax calculator new regime uses revised slabs (0-4L Nil, up to 30% above 24L) with ₹75,000 Standard Deduction and zero tax up to ~₹12L. The income tax calculator old regime allows deductions but has higher rates. Our tool compares both side-by-side.
How does Income Tax Calculation India work under the New Regime?
In the New Regime, tax is calculated on income after ₹75,000 Standard Deduction, using progressive slabs from 5% to 30%. The enhanced 87A rebate makes income up to ₹12 Lakhs effectively tax-free for most salaried individuals.
As per official guidelines, income tax slabs and rebates are notified by the Income Tax Department of India. Refer to updates on the Income Tax Department website .
Can I use this Income Tax Estimator India for HRA and other exemptions?
Yes! In the Old Regime section, input actual HRA received, basic salary, rent paid, and metro status for accurate exemption. It also supports 80C (up to ₹1.5L), 80D, NPS, and home loan interest.
Is surcharge included in this Income Tax Calculator FY 2025-26?
Yes, basic surcharge (10% for 50L-1Cr, 15% above) is applied on tax before 4% cess. For high incomes, it accurately reflects additional liability in both regimes.
How accurate is this Online Income Tax Calculator India for senior citizens?
Select your age group (below 60, 60-80, above 80) for correct basic exemption in the Old Regime (₹2.5L/₹3L/₹5L). The New Regime has no age-based benefit but includes the ₹75,000 Standard Deduction.
When should I choose Old Regime over New in Income Tax Calculation India?
Choose Old Regime if your total deductions (80C + HRA + 80D + NPS + home loan) exceed ~₹4-5 Lakhs (depending on income). The calculator shows exact savings.