Income Tax Calculator (Old vs New Regime) — FY 2025-26
Use this free income tax calculator to estimate your tax for FY 2025-26 (AY 2026-27) under both the old and new tax regimes, and instantly see which one saves you more. Enter your annual income and deductions to compare side by side.
The new tax regime is now the default and offers a higher ₹75,000 standard deduction and a full rebate up to ₹12 lakh of income. The old regime lets you claim deductions like 80C, 80D, HRA and home loan interest. The right choice depends on how many deductions you actually use.
Deductions (used by Old Regime only)
Recommended for you · FY 2025-26 (AY 2026-27)
New Regime saves you ₹1,11,800
Based on the numbers above. Switching regimes is allowed each year for salaried individuals.
New Regime
Lower tax₹0
total tax payable
Old Regime
₹1,11,800
total tax payable
Estimate for FY 2025-26 (AY 2026-27), for resident individuals below 60. Includes 4% cess and common surcharge tiers; senior-citizen slabs and some edge-cases are simplified. Verify on incometax.gov.in or with a CA before filing — this is not tax advice.
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Analyze my statement freeFrequently asked questions
Which tax regime is better, old or new?
It depends on your deductions. The new regime usually wins if you claim few deductions, thanks to the higher standard deduction and the rebate up to ₹12 lakh. The old regime can win if you fully use 80C, 80D, HRA and home loan interest. This calculator compares both for your numbers.
What is the income tax rebate under the new regime for FY 2025-26?
Under the new regime for FY 2025-26, a resident individual with total income up to ₹12 lakh pays zero tax due to the Section 87A rebate (plus marginal relief just above ₹12 lakh). Salaried individuals also get a ₹75,000 standard deduction.
Is this income tax calculator accurate?
It gives a close estimate using the FY 2025-26 slabs, standard deduction, 87A rebate, common surcharge tiers and 4% cess, for resident individuals below 60. Always verify on incometax.gov.in or with a CA before filing — it is not tax advice.
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