Income Tax Calculator FY 2025-26 (Old vs New Regime)
Calculate your income tax liability for FY 2025-26 (AY 2026-27) under the New and Old regime. Includes the new ₹60,000 87A rebate, marginal relief, surcharge, and 4% cess.
Where your salary goes
Both regimes side-by-side
| Old | New | |
|---|---|---|
| Taxable income | ₹10.60 L | ₹14.25 L |
| Tax before rebate | ₹1.30 L | ₹93.8K |
| 87A rebate | −₹0 | −₹0 |
| Cess + surcharge | ₹5.2K | ₹3.8K |
| Total tax | ₹1.36 L | ₹97.5K |
Slab-wise tax breakup (new)
How is income tax calculated in India?
The Income Tax Department applies progressive slabs to your taxable income (gross income minus eligible deductions). For FY 2025-26, taxpayers can choose between the Old regime (with ₹50k standard deduction + 80C/80D/HRA/etc.) or the New regime (with ₹75k standard deduction and zero tax up to ₹12L thanks to the 87A rebate).
New regime slabs (FY 2025-26): 0% up to ₹4L · 5% (₹4–8L) · 10% (₹8–12L) · 15% (₹12–16L) · 20% (₹16–20L) · 25% (₹20–24L) · 30% above ₹24L.
On the calculated tax: 87A rebate nullifies tax for income up to ₹12L (new) / ₹5L (old). Surcharge applies above ₹50L (10–25%) and 4% Health & Education Cess on top of everything.
Frequently asked questions
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