Income Tax Calculator FY 2025-26 – New vs Old Regime
Calculate your income tax for FY 2025-26 (AY 2026-27) under the new and old tax regimes. Compare both regimes, apply deductions and see your exact tax liability with 87A rebate and cess.
Tool
Enter your values and get results instantly.
How to Use
- 1Enter your gross annual income\n2. Select the tax regime (New or Old)\n3. For the old regime, enter 80C/80D deductions\n4. Click Calculate to see your tax break-up\n5. Download the breakdown as CSV if needed
Benefits
Frequently Asked Questions
Which tax regime is better — new or old?
The new regime has lower slab rates and a higher rebate limit (₹12 lakh), but no deductions. The old regime allows deductions like 80C and HRA. Enter your income in both regimes and compare — the tool shows both, so you can pick whichever gives lower tax.
What is the rebate under Section 87A?
Under the new regime, no tax is payable if your taxable income is up to ₹12 lakh (rebate up to ₹60,000). Under the old regime, the limit is ₹5 lakh (rebate up to ₹12,500). Marginal relief keeps the tax payable low for income just above the limit.
Is the standard deduction included?
Yes. ₹75,000 for the new regime and ₹50,000 for the old regime is applied automatically. You can toggle it off if needed.
Does this calculator include cess?
Yes, a 4% health and education cess is applied on the tax payable after rebate and marginal relief, matching the official calculation.
Are the slabs updated for FY 2025-26?
Yes, this calculator uses the FY 2025-26 (AY 2026-27) slab rates announced in the Union Budget 2025 for both regimes.