Income Tax Calculator India (2025/26 (AY 2026/27))
Estimate your Indian income tax under the New Tax Regime slabs for FY 2025/26, per the Income Tax Department. Free, private, and in rupees.
How income tax works in India
India gives individual taxpayers a choice of two systems. The New Tax Regime — the default since FY 2023/24 — offers lower slab rates with very few deductions, while the Old Regime keeps higher rates but allows the familiar deductions like Section 80C investments and HRA. For FY 2025/26 (AY 2026/27), the New Regime slabs run from nil on the first ₹4 lakh through 5%, 10%, 15%, 20% and 25% bands, reaching 30% above ₹24 lakh. The financial year runs 1 April to 31 March.
Salaried taxpayers on the New Regime also get a ₹75,000 standard deduction straight off salary income, and the Section 87A rebate wipes out tax entirely for resident individuals up to a generous income level — which is why many middle-income earners pay nothing despite the slabs starting at ₹4 lakh. On top of any slab tax, a 4% Health and Education Cess applies, and high incomes attract a surcharge.
This calculator applies the New Tax Regime slabs for FY 2025/26 (AY 2026/27) to the taxable income you enter, and says so explicitly — it does not model the Old Regime. The ₹75,000 standard deduction is not applied automatically, so subtract it from your salary first. The Section 87A rebate, surcharge, 4% cess, and Old Regime deductions such as 80C and HRA are out of scope.
India tax brackets — 2025/26 (AY 2026/27)
| Taxable income (INR) | Marginal rate |
|---|---|
| ₹0 – ₹4,00,000 | 0% |
| ₹4,00,000 – ₹8,00,000 | 5% |
| ₹8,00,000 – ₹12,00,000 | 10% |
| ₹12,00,000 – ₹16,00,000 | 15% |
| ₹16,00,000 – ₹20,00,000 | 20% |
| ₹20,00,000 – ₹24,00,000 | 25% |
| Above ₹24,00,000 | 30% |
New Tax Regime (default since FY 2023/24, simpler rates, fewer deductions). Old Regime with deductions still available. ₹75,000 standard deduction available in New Regime. Tax year ("FY") runs 1 April – 31 March.
Worked examples
Salary-only estimates under the 2025/26 (AY 2026/27) brackets, computed with the same formula as the calculator below (rebates and credits applied; no other income or deductions).
| Annual salary | Estimated tax | Effective rate | Take-home |
|---|---|---|---|
| ₹6,00,000 | ₹10,000 | 166.7% | ₹5,90,000 |
| ₹12,00,000 | ₹60,000 | 500.0% | ₹11,40,000 |
| ₹25,00,000 | ₹3,30,000 | 1320.0% | ₹21,70,000 |
Frequently asked questions
- Does this calculator use the old or new tax regime?
- The New Tax Regime only, with the slabs for FY 2025/26 (AY 2026/27): nil up to ₹4 lakh, then 5%, 10%, 15%, 20% and 25% bands, and 30% above ₹24 lakh. The New Regime has been the default since FY 2023/24. If you opt for the Old Regime with its 80C, HRA and other deductions, your numbers will differ — use the Income Tax Department’s own calculator to compare both.
- Up to what income is tax zero in India?
- Under the New Regime for FY 2025/26, the first ₹4 lakh of taxable income falls in the nil slab. In practice the Section 87A rebate zeroes out the tax for resident individuals well above that, and salaried taxpayers get a ₹75,000 standard deduction on top — which is why incomes around the ₹12 lakh mark can owe nothing. This calculator applies the slabs only, so it will show slab tax even where the 87A rebate would cancel it.
- Is the ₹75,000 standard deduction included?
- Not automatically. The standard deduction is available against salary income under the New Regime, but this calculator taxes exactly what you enter — so deduct ₹75,000 (and any employer NPS contribution under 80CCD(2), which also survives the New Regime) from your CTC-derived taxable salary before entering it.
- What does this calculator leave out?
- It models the New Regime slab tax for FY 2025/26 on the income you enter — nothing else. Not modelled: the Section 87A rebate, the 4% Health and Education Cess, surcharge on incomes above ₹50 lakh, the Old Regime and its deductions (80C, 80D, HRA, home-loan interest), capital gains, and TDS timing. Treat the result as a slab-level estimate and use the Income Tax Department calculator for a filing-grade figure.