Income Tax Calculator 2025-26: Old vs New Regime
India Income Tax Calculator 2025-26
Compare Old vs New Regime with all deductions and exemptions
New Regime
Old Regime
Basic Information
India's Most Accurate Income Tax Calculator for 2025-26
Plan your taxes smarter with our free calculator that supports:
- ✅ Both Tax Regimes (Old vs New with comparison)
- ✅ All Income Sources (Salary, FD interest, rental income, capital gains)
- ✅ 100+ Deductions (80C, 80D, HRA, home loan interest, NPS, LTA)
- ✅ FY 2025-26 Updates (Latest tax slabs & rebates)
How to Use This Tax Calculator
- Select your tax regime (Old for deductions/New for lower rates)
- Enter income details (Salary, interest, rental, etc.)
- Add deductions (HRA, 80C, 80D, home loan interest, NPS)
- Get instant results (Tax liability, deductions, effective tax rate)
Pro Tip: Switch between Old/New regimes to see which saves you more tax!
Key Features of FY 2025-26 Tax Calculator
New Tax Regime Benefits
- Lower tax rates (0% up to ₹4L, 5-30% beyond)
- ₹75,000 standard deduction for salaried individuals
- ₹60,000 rebate (Income ≤ ₹12L pays zero tax)
- No deductions needed (Simplified filing)
Old Tax Regime Advantages
- Higher deductions (Up to ₹3.5L+ via 80C, 80D, HRA, etc.)
- Age-based slabs (Extra benefits for seniors)
- Home loan interest (₹2L exemption)
- Ideal for investors (PPF, ELSS, NPS, insurance)
Tax Slabs for FY 2025-26
New Regime Slabs
| Income Range | Tax Rate |
|---|---|
| Up to ₹4 lakh | 0% |
| ₹4-8 lakh | 5% |
| ₹8-12 lakh | 10% |
| ₹12-16 lakh | 15% |
| ₹16-20 lakh | 20% |
| ₹20-24 lakh | 25% |
| Above ₹24 lakh | 30% |
Old Regime Slabs
| Income Range | Below 60 | Senior Citizen (60-80) | Super Senior (>80) |
|---|---|---|---|
| Up to ₹2.5/3/5L | 0% | 0% | 0% |
| ₹2.5/3-5L | 5% | 5% | - |
| ₹5-10L | 20% | 20% | 20% |
| Above ₹10L | 30% | 30% | 30% |
Popular Deductions Covered
- Section 80C (₹1.5L): PPF, EPF, ELSS, life insurance
- Section 80D (₹25k-₹1L): Health insurance premiums
- HRA Exemption: Tax-free house rent allowance
- Home Loan Interest (₹2L): For let-out/self-occupied property
- NPS (₹2L): Additional ₹50k under 80CCD(1B)
FAQs About Income Tax Calculation
1. Which regime is better for me?
Choose New Regime if: Your income is under ₹12L or you don't have investments.
Choose Old Regime if: You claim ₹3L+ deductions via HRA, 80C, 80D, etc.
2. How is rental income taxed?
Gross rent – (Municipal taxes + 30% standard deduction) = Taxable amount
3. What's the last date to file ITR for FY 2025-26?
31 July 2026 (For most taxpayers)
Why Use Our Tax Calculator?
- ✔ 100% Free with no signup required
- ✔ Mobile-friendly (Works on all devices)
- ✔ Detailed breakdown (Taxable income, rebates, cess)
- ✔ Privacy-focused (No data stored)
Bookmark this page for quick tax planning anytime!
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