Income Tax Calculator FY 2025-26
Calculate your income tax liability for FY 2025-26 (AY 2026-27). Compare old vs new tax regime and choose the best option.
₹15.00 L gross income for FY 2026-27 → ₹97,500 tax (6.50% effective). Take-home ₹14.03 L.
New regime: simpler slabs, ₹75K standard deduction, ₹12L Section 87A rebate threshold. No 80C / 80D / HRA / home-loan deductions — those only work in the old regime.
Tax across income levels
Want a side-by-side regime comparison? Try the Old-vs-New Tax calculator →
Tax Calculator - Frequently Asked Questions
Q1.How to calculate income tax for FY 2025-26?
Use our tax calculator to calculate income tax for FY 2025-26 (AY 2026-27). Enter your income, deductions under Section 80C, 80D, and other sections. The calculator will show tax liability under both old and new tax regimes, helping you choose the better option.
Q2.Which tax regime is better - old or new?
The better tax regime depends on your deductions. If you have significant deductions (80C, HRA, home loan interest), the old regime might be better. If you have minimal deductions, the new regime with lower tax rates could save more. Our calculator compares both regimes automatically.
Q3.What is the new tax regime for FY 2025-26?
The new tax regime for FY 2025-26 offers lower tax rates but doesn't allow most deductions and exemptions. Tax slabs: 0-3 lakhs (nil), 3-6 lakhs (5%), 6-9 lakhs (10%), 9-12 lakhs (15%), 12-15 lakhs (20%), above 15 lakhs (30%). Standard deduction of ₹50,000 is allowed.
Q4.Is this tax calculator accurate?
Yes, our tax calculator uses official income tax slabs and rates as per the Income Tax Act for FY 2025-26. It calculates tax liability accurately for both old and new regimes. However, for complex cases with multiple income sources or special deductions, consult a tax professional.
Q5.Can I switch between old and new tax regime?
Yes, salaried individuals can switch between old and new tax regimes every year. However, if you have business income, you can switch only once in your lifetime. Choose the regime that minimizes your tax liability each year using our calculator.
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