Income Tax Calculator
Income Tax Calculator
Work through your income and deductions to get an indicative tax figure under the New Regime for FY 2025-26 (AY 2026-27).
Year & regime
Income
Deductions
Financial year
FY 2025-26 (AY 2026-27)
Regime
New Regime (§115BAC)
This calculator covers one financial year and one regime, so neither is a choice. Earlier years use different slabs, and the Old Regime is a different computation with a different set of deductions — neither is covered here.
Tax payable
₹97,500
Taxable income
₹14,25,000
Effective rate
6.84%
Gross total income
₹14,25,000
Less: deductions
80CCD(2) and 80CCH only
− ₹0
Taxable income
₹14,25,000
Tax on slabs
₹93,750
Health & education cess (4%)
₹3,750
Total tax
₹97,500
How it is worked out, slab by slab
₹0 – ₹4,00,000 · 0%
on ₹4,00,000
₹0
₹4,00,000 – ₹8,00,000 · 5%
on ₹4,00,000
₹20,000
₹8,00,000 – ₹12,00,000 · 10%
on ₹4,00,000
₹40,000
₹12,00,000 – ₹16,00,000 · 15%
on ₹2,25,000
₹33,750
Computed on the FY 2025-26 (AY 2026-27) · New Regime slabs, including the §16(ia) standard deduction, the §87A rebate, surcharge where it applies and 4% health and education cess.
About this estimate
This is an indicative estimate under the FY 2025-26 (AY 2026-27) · New Regime. The Old Regime is not covered — if you file under it, these figures do not apply to you. It is not tax advice and not a filed computation: your actual liability depends on your full income, deductions and residential status. Check it with a qualified adviser before you rely on it.
What this does not cover
It taxes income at the New Regime slab rates. It does not handle rental or house property income, capital gains at special rates, business or professional income, set-off and carry-forward of losses, relief under section 89, or foreign tax credit. Each of those changes the answer and needs a full computation.
There is no age input because the New Regime slabs do not vary with age — there is no separate senior citizen slab under section 115BAC.