Free Income Tax Calculator
Compare the new and old tax regimes for FY 2025-26 (AY 2026-27) side by side. Enter your income and deductions, and the calculator works out the tax, the section 87A rebate, any surcharge and the cess for each, then shows which one saves you more. Free, and nothing leaves your browser.
EPF, PPF, ELSS, life cover. Max ₹1.5L
Health insurance. Max ₹1L
Section 24(b). Max ₹2L
Extra NPS. Max ₹50k
Your exempt HRA amount
80G, 80E, 80TTA and more
Under the New regime you pay no tax, which is ₹1,11,800 less than the other.
New regime
Saves more- Taxable income
- ₹11,25,000
- Income tax
- ₹52,500
- Rebate / relief
- - ₹52,500
- Health & education cess
- ₹0
- Total tax
- ₹0
- Take home (after tax)
- ₹12,00,000
Standard deduction only. Most exemptions do not apply.
Old regime
- Taxable income
- ₹9,75,000
- Income tax
- ₹1,07,500
- Health & education cess
- ₹4,300
- Total tax
- ₹1,11,800
- Take home (after tax)
- ₹10,88,200
After ₹1,75,000 in deductions.
A close estimate for a straightforward salary or income. Confirm the exact figure on the income tax portal or with a professional before you file.
Your tax, both regimes, in four steps.
Enter your income and deductions, and read the tax under the new and old regimes side by side. Everything updates as you type.
Enter your income
Type your gross annual income. Tick salaried so the standard deduction is applied, and pick your age band, which affects the old regime.
Add your deductions
Fill in the deductions you claim, like 80C, 80D, home loan interest and HRA. These count under the old regime, not the new one.
Compare both regimes
See the tax under the new regime and the old regime side by side, each with its rebate, surcharge and cess worked out.
See which one wins
The calculator highlights the cheaper regime and shows how much it saves you, plus your take home for the year.
Tax slabs for FY 2025-26 (AY 2026-27).
Budget 2025 reworked the new regime, with no tax on income up to ₹12,00,000 after the rebate. The old regime keeps its slabs and its deductions. Here is how they compare.
New regime
Default regime. Standard deduction ₹75,000. Rebate makes income up to ₹12,00,000 tax free.
| Up to ₹4,00,000 | Nil |
| ₹4,00,001 to ₹8,00,000 | 5% |
| ₹8,00,001 to ₹12,00,000 | 10% |
| ₹12,00,001 to ₹16,00,000 | 15% |
| ₹16,00,001 to ₹20,00,000 | 20% |
| ₹20,00,001 to ₹24,00,000 | 25% |
| Above ₹24,00,000 | 30% |
Old regime
Optional. Standard deduction ₹50,000. Basic exemption is higher for those aged 60 and above.
| Up to ₹2,50,000 | Nil |
| ₹2,50,001 to ₹5,00,000 | 5% |
| ₹5,00,001 to ₹10,00,000 | 20% |
| Above ₹10,00,000 | 30% |
A 4% health and education cess applies on top of the tax under both regimes, and a surcharge applies to higher incomes.
New or old regime?
There is no single right answer. It comes down to how much you can claim in deductions. The calculator above does the comparison for your exact numbers.
Lower slab rates and a rebate that makes income up to ₹12,00,000 tax free, but you give up almost all deductions. It usually wins if you do not claim much beyond the standard deduction, which suits a lot of people since Budget 2025.
Higher rates, but you can claim 80C, 80D, HRA, home loan interest and more. It can still come out ahead if your deductions are large, for example with a home loan and a full 80C, so it is worth checking rather than assuming.
Payroll and tax, handled.
A calculator is one thing. Running payroll for a whole team means computing tax under both regimes for every employee, deducting the right TDS each month, and producing payslips and filings that reconcile. That is the kind of payroll, HR and finance software we build at Techliphant, shaped around how your business actually works.
Need a payslip now? Try the payslip generator.
Common income tax questions.
It is a free tool that estimates the income tax you owe for the year. You enter your income and the deductions you claim, and it works out the tax under both the new and the old regime, including the rebate, any surcharge and the cess, then shows which one costs you less.
It uses the rules for FY 2025-26, which is assessment year 2026-27, reflecting the Budget 2025 changes to the new regime. Tax rules change each year, so use it as a planning guide for this year and confirm the current rules before you file.
The new regime has lower slab rates and a bigger rebate but allows almost no deductions. The old regime has higher rates but lets you claim deductions like 80C, 80D, HRA and home loan interest. If you claim a lot of deductions the old regime can still win, otherwise the new regime is usually cheaper.
For FY 2025-26 the new regime gives a rebate under section 87A that makes a taxable income up to ₹12,00,000 tax free. Because a salaried person also gets a ₹75,000 standard deduction, a salary of up to about ₹12,75,000 can end up with no tax. Just above ₹12,00,000, marginal relief keeps the tax close to the amount you went over by.
It is a flat amount taken off your salary before tax, with no proof needed. For FY 2025-26 it is ₹75,000 under the new regime and ₹50,000 under the old regime. Tick the salaried box in the calculator and it is applied for you.
It is a rebate that can wipe out your tax if your taxable income is within a limit. Under the new regime for FY 2025-26 that limit is ₹12,00,000, and under the old regime it is ₹5,00,000. If you are within the limit the rebate brings your tax down to zero, before cess.
Common ones include section 80C up to ₹1.5 lakh for EPF, PPF, ELSS and life cover, 80D for health insurance, home loan interest under section 24 up to ₹2 lakh, the extra NPS deduction under 80CCD(1B) up to ₹50,000, and HRA exemption. This calculator lets you enter each of these for the old regime.
Very few. You still get the ₹75,000 standard deduction on salary and the employer share of NPS, but the popular deductions like 80C, 80D, HRA and home loan interest do not apply. That is the trade-off for the lower rates and the bigger rebate.
Surcharge is an extra charge on the tax itself for higher incomes: 10% above ₹50 lakh, 15% above ₹1 crore, 25% above ₹2 crore, and 37% above ₹5 crore, though the new regime caps it at 25%. Marginal relief makes sure crossing a threshold never costs you more than the extra income, and the calculator applies it for you.
It is a 4% charge added on top of your income tax plus any surcharge, and it applies under both regimes. The calculator adds it to the total so the figure you see is the full amount payable.
Yes on both. It is free, there is no sign-up, and it runs entirely in your browser. Nothing you type is sent anywhere or saved, so your income details stay on your own device.
They are a close estimate for a straightforward salary or income. Special cases like capital gains taxed at their own rates, business income, clubbing, and relief under specific sections are not covered, and rules can change. Treat this as a planning guide and check with a tax professional or the income tax portal before you file.
Disclaimer: This income tax calculator is provided free for general estimation and educational use, based on the rules for FY 2025-26 (AY 2026-27). It covers a straightforward salary or income and does not model capital gains taxed at special rates, business income, or every relief and exemption. Tax rules change and depend on your full situation. Nothing here is tax, legal or financial advice. Confirm your figures on the official income tax portal or with a qualified professional before you file.
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