India Income Tax Calculator
Accurately calculate your income tax liability for FY 2024-25 & FY 2025-26 under both Old and New tax regimes based on the latest tax slabs and rules.
Income & Deduction Details
Basic Information
FY 2025-26 (AY 2026-27)
Below 60 years
New Tax Regime (Default)
₹
HRA Details (Old Regime Only)
₹
₹
Get Started with Your Tax Calculation
Enter your annual gross salary and other details in the form to calculate your income tax liability under the New or Old tax regime. Once you input your salary, you'll see a detailed breakdown of your tax, take-home salary, and regime comparisons.
- Compare New vs. Old tax regimes instantly
- View detailed tax slab breakdowns
- Plan your deductions for optimal savings
Important Notes & Disclaimer
Tax Calculation Assumptions
- • Basic salary assumed as 50% of gross for HRA calculation
- • Standard deduction: ₹75k (New) / ₹50k (Old regime)
- • Section 80C deduction capped at ₹1.5L
- • Home loan interest capped at ₹2L for self-occupied
- • Health & Education Cess: 4% on total tax + surcharge
Key Features
- • Updated for FY 2024-25 & FY 2025-26 tax laws
- • Accurate surcharge calculation for high incomes
- • Rebate under Section 87A considered
- • Age-based tax slab consideration
- • Real-time regime comparison
Disclaimer: This calculator provides estimates based on current tax laws and should be used for planning purposes only. Actual tax liability may vary based on additional factors not covered here. For complex tax situations, professional advice, or detailed tax planning, please consult a qualified Chartered Accountant or tax advisor. Tax laws are subject to change, and this calculator is updated as per the latest available information for FY 2024-25 and FY 2025-26.
Made for Indian taxpayers
Updated for FY 2024-25 & FY 2025-26 | Based on latest tax slabs, rebate limits, and surcharge rates