Income Tax Calculator
Calculate your income tax liability under Old & New regime for FY 2025-26. Compare both regimes instantly.
Total Tax (New Regime)
₹0
Taxable Income
₹9.25 L
Effective Rate
0%
Deductions
₹75,000
Breakdown
Income Tax: ₹0
Cess (4%): ₹0
Slab Breakdown
| Slab | Rate | Taxable | Tax |
|---|---|---|---|
| ₹0 – ₹4 L | 0% | ₹4.00 L | ₹0 |
| ₹4 L – ₹8 L | 5% | ₹4.00 L | ₹20,000 |
| ₹8 L – ₹12 L | 10% | ₹1.25 L | ₹12,500 |
Old vs New Regime
| Metric | New Regime | Old Regime |
|---|---|---|
| Taxable Income | ₹9.25 L | ₹7.50 L |
| Income Tax | ₹0 | ₹62,500 |
| Cess | ₹0 | ₹2,500 |
| Total Tax | ₹0 ✓ | ₹65,000 |
💡 Save ₹65,000 with New Regime.
💡 Understanding Income Tax in India
India offers two tax regimes — the New Regime with simplified slabs but no deductions, and the Old Regime with higher rates but multiple deduction options under Sections 80C, 80D, 80G, and HRA.
Under the New Regime (Budget 2025), income up to ₹12 Lakh is effectively tax-free with the Section 87A rebate. The standard deduction of ₹75,000 applies to both regimes, meaning salaried individuals up to ₹12.75 Lakh pay zero tax under the new regime.
₹10 Lakh income → ₹0 tax (New Regime) vs ₹52,500 tax (Old Regime with no deductions). But with ₹3L+ deductions in Old Regime, it can be cheaper. Always compare both!