Income Tax Calculator
Understand. Compare. Calculate.
Calculate your income tax for FY 2025–26 and FY 2026–27, compare the Old and New Tax Regimes, and understand exactly where your money goes.
Why Calculate Your Income Tax?
Get clarity, make informed decisions, and plan your finances better.
Understand
your taxable income
Compare
both tax regimes
See
where your tax comes from
Plan
your investments and take-home salary
What is Income Tax?
Income tax is a part of your taxable income paid to the Government of India based on applicable tax slabs, exemptions and deductions.
How is Income Tax Calculated?
Your income goes through a series of steps to arrive at the final tax payable.
Tax Rates for FY 2025–26
(AY 2026–27)
Your taxable income is divided into slabs and each portion is taxed at the applicable rate. The highest rate applies only to the income within that slab.
Section 87A Rebate (New Regime)
If your taxable income is up to ₹12,00,000, you get a 100% rebate on your tax liability (maximum ₹60,000).
Old vs. New Tax Regime
Compare key differences and see which regime works better for you.
Old Tax Regime
More deductions, traditional structure. Better if you have significant investments.
New Tax Regime
Simpler structure with lower tax rates. Ideal if you have fewer deductions.
Which regime is better for you?
It depends on your income, deductions and financial goals.
Calculate Your Tax
Enter your details to see your estimated tax for both regimes.
Basic Details
Select your financial year, age category and employment type.
Your Tax Result
Here’s your estimated tax liability and how it compares across regimes.
Tax Composition (New Regime)
Where You Fall in the Tax Slabs (New Regime)
Your taxable income plotted across Union Budget progressive slab tiers.
How Your Tax Is Mathematically Calculated
A transparent step-by-step breakdown of the calculation.
Got Questions? We’ve Got Answers.
Quick answers to common questions about income tax calculation.
Important Legal & Informational Disclaimer
This Income Tax Calculator provides an automated mathematical estimate for educational and planning purposes only. It should not be construed as professional tax, legal, or investment advice, nor as an official assessment from the Income Tax Department of India. Tax laws, exemptions, and slab thresholds are subject to legislative amendments. Always cross-verify your actual liability with a certified Chartered Accountant or authorized tax practitioner before filing your annual Income Tax Return (ITR).