India Income Tax Calculator FY 2025-26 | New Regime vs Old Regime | FinancialCals

🇮🇳 India Income Tax Calculator FY 2025-26

New Regime vs Old Regime — All Sections | AY 2026-27 | Budget 2025 Updated

New Regime Default 87A Rebate ₹60,000 Zero Tax ≤ ₹12.75L (Salaried) All 80C–80U Sections

Step 1 — Income Details

Taxpayer Category

Residential Status

Salary Income

Basic Salary + DA

₹

HRA Received

₹

Special / Other Allowances

₹

Bonus / Performance Pay

₹

Other Income

Rental Income

₹

Interest Income (FD/Bank)

₹

Short-Term Capital Gains

₹

Other Taxable Income

₹

Step 2 — Old Regime Deductions

💡 Only applicable under Old Regime. New Regime allows Standard Deduction + Employer NPS only.

Salary Exemptions

Annual Rent Paid HRA

₹

City Type HRA

LTA Exemption

₹

Professional Tax Paid

₹

Section 80C Combined max ₹1,50,000

EPF Employee Contribution

₹

PPF Contribution

₹

ELSS / Tax-Saver Mutual Fund

₹

Life Insurance Premium

₹

Home Loan Principal Repayment

₹

5-Yr Tax Saver FD / NSC

₹

Children Tuition Fees

₹

SCSS / ULIP / Others (80C)

₹

NPS & Pension

NPS Self-Contribution 80CCD(1B) Extra ₹50K

₹

Employer NPS Contribution 80CCD(2)

₹

Section 80D — Health Insurance

Self/Spouse/Children Max ₹25K

₹

Parents Health Insurance

₹

Parents are Senior Citizen?

Disability 80DD ₹75K/₹1.25L

₹

Critical Illness 80DDB

₹

Home Loan & Education

Home Loan Interest Sec 24b Max ₹2L

₹

1st Home Extra Interest 80EEA ₹1.5L

₹

Education Loan Interest 80E No limit

₹

Rent Paid (No HRA) 80GG Max ₹60K

₹

Savings, Donations & Others

Savings Interest 80TTA Max ₹10K

₹

Sr Citizen FD/RD Interest 80TTB ₹50K

₹

Donations 100% Deductible 80G

₹

Donations 50% Deductible 80G

₹

Disability (Self) 80U ₹75K/₹1.25L

₹

Political Party Donation 80GGC

₹

—

Gross Income

—

New Regime Tax

—

Old Regime Tax

🔶 New Regime

—

🔷 Old Regime

—

Side-by-Side Comparison

ITEM

NEW REGIME

OLD REGIME

Gross Income

Standard Deduction

₹75,000

₹50,000

Other Deductions

NIL

Taxable Income

Tax on Slabs

Sec 87A Rebate

Surcharge

Cess (4%)

Total Tax

Effective Rate

Monthly TDS

Detailed Breakdown

New Regime Slabs FY 2025-26

Income Slab	Rate	Tax on Slab	Cumulative

87A Rebate: Tax = NIL if taxable income ≤ ₹12L · Standard Deduction ₹75K (salaried) · +4% Cess on all

Old Regime Slabs FY 2025-26

Income Slab	Below 60	Senior (60-80)	Super Sr (80+)
Up to ₹2,50,000	0%	0%	0%
₹2.5L – ₹3L	5%	0%	0%
₹3L – ₹5L	5%	5%	0%
₹5L – ₹10L	20%	20%	20%
Above ₹10L	30%	30%	30%

87A Rebate: ₹12,500 if taxable income ≤ ₹5L · Standard Deduction ₹50K (salaried)

Surcharge Rates FY 2025-26

Total Income	New Regime	Old Regime
Up to ₹50 Lakh	NIL	NIL
₹50L – ₹1 Crore	10%	10%
₹1Cr – ₹2 Crore	15%	15%
₹2Cr – ₹5 Crore	25%	25%
Above ₹5 Crore	25%	37%

Health & Education Cess: 4% on (Income Tax + Surcharge) for all taxpayers

⚠️ Disclaimer: This calculator is for educational estimation only. Actual tax liability may vary based on all income sources, exact deduction proofs, and TDS credits. For official filing, visit incometax.gov.in or consult a Chartered Accountant.

🇮🇳

India Income Tax Calculator

Fill in your income and deductions on the left, then click Calculate to get your New vs Old Regime comparison with full slab breakdown.