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Income Tax Calculator FY 2025-26

Compare your tax liability under the old and new tax regimes and find which one saves you more money.

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Annual Income
Gross Annual Income
₹12,00,000
₹1L₹1 Cr
Deductions (Old Regime Only)

These deductions are not available under the new regime (except the ₹75,000 standard deduction which is applied automatically).

Section 80C Investments
₹1,50,000
₹0₹1,50,000
HRA Exemption
₹60,000
₹0₹6,00,000
Other Deductions (80D, 80E, NPS etc.)
₹50,000
₹0₹5,00,000
Tax Comparison
New Regime
Save More
₹0
Taxable Income: ₹11,25,000
Standard Deduction: ₹75,000
87A rebate applies — zero tax!
Old Regime
₹94,120
Taxable Income: ₹8,90,000
Total Deductions: ₹3,10,000
The new regime saves you ₹94,120 in tax for FY 2025-26 (includes 4% cess). Consult a tax advisor for your specific situation.
What are the new regime tax slabs for FY 2025-26?
Under the new tax regime for FY 2025-26:
  • Up to ₹4 lakh: Nil
  • ₹4L – ₹8L: 5%
  • ₹8L – ₹12L: 10%
  • ₹12L – ₹16L: 15%
  • ₹16L – ₹20L: 20%
  • ₹20L – ₹24L: 25%
  • Above ₹24L: 30%
A standard deduction of ₹75,000 is available. The Section 87A rebate makes income up to ₹12 lakh effectively tax-free under the new regime.
What are the old regime tax slabs for FY 2025-26?
Under the old tax regime:
  • Up to ₹2.5 lakh: Nil
  • ₹2.5L – ₹5L: 5%
  • ₹5L – ₹10L: 20%
  • Above ₹10L: 30%
Standard deduction of ₹50,000 is available, plus deductions under 80C (up to ₹1.5L), HRA, 80D, 80E, NPS, etc. The 87A rebate makes income up to ₹5 lakh effectively tax-free.
Who benefits more from the old regime?
The old regime is generally better if your total deductions are high — particularly if you claim HRA, 80C investments close to the ₹1.5L limit, 80D (health insurance), home loan interest under 24(b), and NPS contributions under 80CCD(1B). As a rough rule, if your annual deductions (beyond the standard deduction) exceed ₹3.75 lakh, the old regime may save more tax. Use this calculator to compare for your specific situation.
Can I switch between old and new regime every year?
Salaried employees can choose their preferred tax regime at the beginning of each financial year and switch between the two annually. Business owners and professionals who opt out of the new regime can only switch back once in their lifetime. It is advisable to run the calculation at the start of each year to determine which regime is more beneficial.
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