Income Tax Calculator

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Compare your income tax under the new and old regimes for FY 2025-26 and tax year 2026-27.

Year

Slabs and limits are the same in both years.

Annual income (gross)

₹15 lakh. Salary before deductions plus other income such as interest.

Salaried or pensionerStandard deduction of ₹75,000 (new) or ₹50,000 (old).

Age

Changes the tax-free limit in the old regime only.

Tax year 2026-27 estimateNew regime saves ₹1,59,900Total tax ₹97,500 in the new regime and ₹2,57,400 in the old regime.

Income tax under the new and old regimes
Item	New regimeLower	Old regime
Deductions	₹75,000	₹50,000
Taxable income	₹14,25,000	₹14,50,000
Tax on slabs	₹93,750	₹2,47,500
Rebate 87A	–	–
Cess 4%	₹3,750	₹9,900
Total tax	₹97,500	₹2,57,400
Of your income	6.5%	17.16%
Per month	₹8,125	₹21,450

Estimate for resident individuals. Excludes special-rate income such as capital gains. Not tax advice.

New regime: taxable income ₹14,25,000
Slab	Rate	Income in slab	Tax
Up to ₹4L	0%	₹4,00,000	₹0
₹4L – ₹8L	5%	₹4,00,000	₹20,000
₹8L – ₹12L	10%	₹4,00,000	₹40,000
₹12L – ₹16L	15%	₹2,25,000	₹33,750
₹16L – ₹20L	20%	–	–
₹20L – ₹24L	25%	–	–
Above ₹24L	30%	–	–
Tax on slabs			₹93,750

Old regime: taxable income ₹14,50,000
Slab	Rate	Income in slab	Tax
Up to ₹2.5L	0%	₹2,50,000	₹0
₹2.5L – ₹5L	5%	₹2,50,000	₹12,500
₹5L – ₹10L	20%	₹5,00,000	₹1,00,000
Above ₹10L	30%	₹4,50,000	₹1,35,000
Tax on slabs			₹2,47,500

How to use, limits & privacy

About Income Tax Calculator

Estimate your Indian income tax under the new and the old regime side by side, for FY 2025-26 and tax year 2026-27. It applies the standard deduction, the section 87A rebate with marginal relief, surcharge with marginal relief and the 4% cess, and shows which regime costs less. Add 80C, 80D, NPS, home-loan interest and HRA to see whether the old regime is worth it. It runs in your browser.

How to Use

Enter your income

Type your annual gross income: salary before deductions plus other income such as interest. Keep "Salaried or pensioner" on if you get a salary or pension.

Add old-regime deductions

Open "Old regime deductions" and enter what you claim under 80C, 80D, NPS, home-loan interest, HRA and others. Amounts above a limit are counted at the limit.

Compare the regimes

The table shows taxable income, rebate, surcharge, cess, total tax and the monthly amount for both regimes, and the top line says which one saves money. Open "Slab-by-slab breakdown" to see how each slab is taxed.

Privacy & Processing

Mode: local
Files Leave Browser: Local tool processing; review details below
Max Input Size: Device memory limits
Account Required: No
Data Stored Locally: Nothing is saved; the figures reset when you close the page.
Network Processing: Assets or models may require an initial download

Everything is calculated in your browser. Your income and deductions are never sent anywhere.

Rules & Limitations

For resident individuals only. NRIs, HUFs and firms follow different rules.
Capital gains, lottery winnings and other special-rate income are not included; they are taxed at their own rates and the 87A rebate does not cover them.
Employer NPS contribution under 80CCD(2) and other less common deductions are not included.
Taxable income and total tax are rounded to the nearest ₹10, as the Income-tax Act requires.
An estimate to help you plan, not tax advice. Check your final figures with Form 16, the ITR utility or a tax professional.

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Income Tax Calculator FAQ

Which tax regime is better for me?

It depends on your deductions. With only the standard deduction, the new regime costs less for almost everyone. The old regime can win when you claim large amounts such as HRA, ₹1.5 lakh under 80C, ₹2 lakh of home-loan interest and NPS. Enter your deductions here to compare the exact totals.

Is income up to ₹12 lakh tax-free in the new regime?

Yes, if your taxable income is ₹12 lakh or less, the section 87A rebate cancels the tax. For salaried people the ₹75,000 standard deduction makes a salary of up to ₹12.75 lakh tax-free. Just above ₹12 lakh, marginal relief limits the tax to the income above ₹12 lakh.

What are the new regime tax slabs for FY 2025-26 and 2026-27?

Nil up to ₹4 lakh, 5% from ₹4 to 8 lakh, 10% from ₹8 to 12 lakh, 15% from ₹12 to 16 lakh, 20% from ₹16 to 20 lakh, 25% from ₹20 to 24 lakh and 30% above ₹24 lakh. Budget 2026 kept the same slabs for tax year 2026-27.

What is a tax year?

From 1 April 2026 the Income-tax Act 2025 replaces "financial year" and "assessment year" with a single "tax year". Tax year 2026-27 runs from April 2026 to March 2027. The slabs, rebate and standard deduction used here are the same as in FY 2025-26.

Do senior citizens pay less tax?

Only in the old regime, where income up to ₹3 lakh is tax-free from age 60 and up to ₹5 lakh from age 80. The new regime has the same slabs for every age.

Is my salary information sent anywhere?

No. The calculation runs in your browser and nothing you type is uploaded or saved.