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Income Tax Calculator FY 2025-26

Compare Old Regime vs New Regime. Full slab breakdown, surcharge, cess, Section 87A rebate and take-home salary.

Enter CTC or annual salary before any deductions
Age affects Old Regime basic exemption limit
📋 Old Regime Deductions
ItemOld RegimeNew Regime
Gross Income——
Standard Deduction——
Other Deductions——
Taxable Income——
Income Tax——
Surcharge——
Cess (4%)——
Total Tax——
Monthly Take-Home——
ℹ️ Key changes in Budget 2025

❓ Frequently Asked Questions

Which is better — Old Regime or New Regime for FY 2025-26?

The New Regime is better if your total deductions (80C + HRA + other) are less than ₹3.75 lakh. For income up to ₹12 lakh, New Regime offers zero tax due to Section 87A rebate from Budget 2025.

What is the income tax slab for FY 2025-26 (New Regime)?

New Regime FY 2025-26: ₹0–4L = 0%, ₹4–8L = 5%, ₹8–12L = 10%, ₹12–16L = 15%, ₹16–20L = 20%, ₹20–24L = 25%, above ₹24L = 30%. Standard deduction ₹75,000. Income up to ₹12L is tax-free via 87A.

What is Section 87A rebate in 2025-26?

Under the New Regime in FY 2025-26, if your net taxable income (after ₹75,000 standard deduction) is up to ₹12,00,000, you get a full rebate under Section 87A and pay zero income tax.

What deductions are allowed under the Old Regime?

Old Regime allows: Standard Deduction (₹50,000), Section 80C (₹1.5L), Section 80D (₹25,000), HRA exemption, Home Loan interest (₹2L under Section 24b), NPS 80CCD(1B) up to ₹50,000.

What is the surcharge on income tax?

Surcharge applies on income above ₹50 lakh: 10% for ₹50L–₹1Cr, 15% for ₹1Cr–₹2Cr, 25% for ₹2Cr–₹5Cr (New Regime capped at 25%), 37% above ₹5Cr (Old Regime only). A 4% Health and Education Cess applies on tax + surcharge.