📊Income Tax Calculator

Income Tax Calculator FY 2025-26

Calculate your income tax liability for FY 2025-26 (AY 2026-27) under old and new tax regimes.

Income & Deductions

Total income from all sources

01,00,00,000

Note: This calculator provides an estimate. Consult a CA for accurate tax calculation.

Tax Payable (New Regime)

₹0

Effective tax rate: 0.00%

Tax Breakdown

Gross Income₹12,00,000
Taxable Income₹0
Tax + Cess₹0
Take Home Salary₹12,00,000

Regime Comparison

Old Regime Tax

₹0

New Regime Tax

₹0

Both regimes have same tax

Understanding Tax Regimes

Old Tax Regime

With deductions and exemptions

  • ✓ 80C deductions (₹1.5L)
  • ✓ 80D health insurance
  • ✓ HRA exemption
  • ✓ Home loan interest
  • ✗ Higher tax slabs

New Tax Regime

Lower rates, no deductions

  • ✓ Lower tax rates
  • ✓ Standard deduction (₹50K)
  • ✓ Simpler calculation
  • ✗ No 80C deductions
  • ✗ No other exemptions