Income Tax Calculator (FY 2025-26)

Compare your tax liability under the Old and New Regimes for FY 2025-26 with updated Budget 2025 slabs and standard deduction. Enter your gross salary, 80C, 80D and HRA details to see a side-by-side comparison, plan tax-saving investments, and pick the regime that lowers your tax

⚙️ Version: V-1.0

Income Tax Calculator

Financial Year 2025–26 (Assessment Year 2026–27)

3. Annual Tax Comparison

Old Regime

₹0

Taxable Income: ₹0

Std. Deduction: ₹50,000

Total Deductions: ₹50,000

Base Tax: ₹0

Cess (4%): ₹0

New Regime

₹0

Taxable Income: ₹0

Std. Deduction: ₹75,000

Total Deductions: ₹75,000

Base Tax: ₹0

Cess (4%): ₹0

Enter your income details to see which regime saves you more tax!

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বিজ্ঞাপন

What Is Income Tax (FY 2025-26)?

India currently runs two parallel income tax systems: the Old Regime, which allows deductions like 80C, 80D, and HRA exemption but applies higher slab rates, and the New Regime, which offers lower slab rates but removes most deductions except a standard deduction.

Other Calculators:
Old vs New Tax Regime Comparator
Section 80C Deduction Planner
TDS on Salary Calculator
Form 16 / TDS Summary Generator

Following Budget 2025, the standard deduction and tax slabs under the New Regime were revised further, making the comparison even more relevant for salaried employees deciding which regime to opt for this financial year.

বিজ্ঞাপন

How to Use the Income Tax Calculator (FY 2025-26)

1
Enter Your Gross Annual Salary
Input your total gross salary for the financial year into the calculator.
2
Add Old Regime Deductions
If comparing the Old Regime, enter your 80C, 80D, and home loan interest deductions.
3
Provide HRA Details
Enter HRA received and rent paid if you want HRA exemption factored into the Old Regime calculation.
4
Click Calculate
Run the calculation to see a side-by-side comparison of tax payable under both regimes.
5
Compare and Plan
Use the comparison to see which regime results in lower tax and to plan any additional 80C or 80D investments needed to make the Old Regime worthwhile.

Benefits of Income Tax Calculator (FY 2025-26)

✓Instantly compare tax payable under the Old and New Regimes for your income and deductions.
✓Reflects the latest standard deduction and slab changes from Budget 2025.
✓Shows how much more you would need to invest under 80C or 80D to make the Old Regime worthwhile.
✓Helps you plan tax-saving investments early in the financial year.
✓Worth re-running each financial year since the ideal regime can change with your deductions and income level.

Frequently Asked Questions (FAQ)

What is the standard deduction for FY 2025-26?+

The standard deduction for FY 2025-26 was revised under Budget 2025. This calculator uses the current notified figure for both regime calculations.

Can I switch between the Old and New regimes every year?+

Salaried employees without business income can choose their preferred regime every financial year when filing their return. However, those with business income face restrictions on switching back.

What is the main difference between the Old Regime and the New Regime?+

The Old Regime allows deductions like 80C, 80D, and HRA exemption but applies higher slab rates. The New Regime offers lower slab rates but removes most deductions except the standard deduction.

How is taxable income calculated under the Old Regime?+

Taxable income under the Old Regime is your gross salary minus the standard deduction, HRA exemption (if applicable), Section 80C and 80D deductions, and home loan interest under Section 24. Tax is then computed using the older, higher slab rates.

What are the benefits of using this Income Tax Calculator?+

It lets you instantly compare which regime results in lower tax for your income and deduction profile, reflects the latest Budget 2025 slab changes, helps you understand how much more to invest under 80C or 80D to make the Old Regime worthwhile, and supports annual tax planning.

Should I re-run the regime comparison every year?+

Yes, your ideal tax regime can change from year to year depending on your deductions and income level. It's worth re-running the comparison every financial year, especially after Budget announcements that revise slabs or deduction limits.

Income Tax Calculator (FY 2025-26)