Income Tax Calculator FY 2025-26 Old vs New Regime.

Enter your income and deductions to see your tax under both regimes side by side — including the ₹60,000 rebate, marginal relief, surcharge and cess.

Your income

Gross annual income

Salary (before deductions), business or professional income, interest, rent, etc.

Income type

Age

Employer's NPS contribution

Deductible in both regimes, within limits.

Deductions (old regime only)

80C investments

Max ₹1,50,000

80D health insurance

Self, family and parents

HRA exemption

Use our HRA calculator

Home-loan interest

Self-occupied, max ₹2,00,000

80CCD(1B) NPS

Max ₹50,000

Other deductions

80E, 80G, 80TTA, etc.

The new regime saves you ₹1,05,300.

Estimate for FY 2025-26 for resident individuals, excluding special-rate income such as capital gains.

New regime

Lower tax

₹97,500

Effective rate 6.5% of gross income

Deductions used₹75,000

Taxable income₹14,25,000

Tax on slabs₹93,750

Health & education cess (4%)₹3,750

Total tax payable₹97,500

Old regime

₹2,02,800

Effective rate 13.5% of gross income

Deductions used₹2,25,000

Taxable income₹12,75,000

Tax on slabs₹1,95,000

Health & education cess (4%)₹7,800

Total tax payable₹2,02,800

Want an expert to file it? ITR filing by a CA · Old vs new regime guide

How this calculator works

New regime: standard deduction of ₹75,000 for salaried people and pensioners, slabs of 0% up to ₹4 lakh rising to 30% above ₹24 lakh, and a rebate that makes tax nil up to ₹12 lakh of taxable income, with marginal relief just above it.

Old regime: ₹50,000 standard deduction, deductions such as 80C (₹1.5 lakh), 80D, HRA and home-loan interest (₹2 lakh), and slabs of 5%, 20% and 30% after the basic exemption for your age group.

Surcharge applies above ₹50 lakh (capped at 25% in the new regime), with marginal relief at each threshold, and 4% health and education cess on the total. Income taxed at special rates — like capital gains on shares — isn't included.

FAQs

Is this calculator updated for FY 2025-26?

Yes. It uses the slabs, standard deduction and rebate announced in Budget 2025 that apply to FY 2025-26 (AY 2026-27).

Why is my tax zero up to ₹12.75 lakh salary?

Under the new regime, the ₹75,000 standard deduction brings taxable income to ₹12 lakh, and the rebate covers tax on income up to that level.

Does it include capital gains?

No. Capital gains are taxed at special rates and the rebate doesn't apply to them. Ask us for an exact computation if you have them.

More free tools

Results are estimates for general guidance, not tax advice. See our disclaimer.

Not sure where to start?

Talk to a qualified expert for free. We'll tell you exactly what you need, what it costs and how long it takes — before you pay anything.

Book a free consultation WhatsApp us Call +91 73032 57128