Income Tax Calculator
Compare your tax liability under the New and Old regimes for FY 2025-26 and see which one saves you more.
Income Tax Calculator
FY 2025-26Based on Finance Act 2025 slabs for FY 2025-26 / AY 2026-27, unchanged for FY 2026-27 per Budget 2026. New regime: nil up to ₹4L, then 5% to 30% in ₹4L bands, ₹75,000 standard deduction, and full rebate (tax-free) up to ₹12L taxable income. Old regime: nil up to ₹2.5L, 5%/20%/30% slabs, ₹50,000 standard deduction, rebate up to ₹5L taxable income. A 4% health and education cess applies on tax in both regimes. This is an estimate for salaried individuals below 60; it excludes surcharge, HRA exemption specifics, and other special-rate incomes. Consult a tax professional for your actual filing.
New Tax Regime vs Old Tax Regime: Kaunsa Choose Karein?
Jab se government ne New Tax Regime ko default bana diya hai, zyada tar salaried logon ko ab khud decide karna padta hai ki New Regime mein rahe ya Old Regime switch karein. Sahi choice poori tarah is baat pe depend karti hai ki aap kitne deductions aur exemptions actually claim karte hain — har kisi ke liye ek hi jawab sahi nahi hota.
New Regime Kaise Kaam Karta Hai (FY 2025-26 / AY 2026-27)
New Regime mein tax rates kam hain lekin zyada tar deductions aur exemptions hata diye gaye hain. Budget 2025 ke hisaab se slabs kuch is tarah hain:
- ₹4,00,000 tak income: Koi tax nahi
- ₹4,00,001 se ₹8,00,000 tak: 5%
- ₹8,00,001 se ₹12,00,000 tak: 10%
- ₹12,00,001 se ₹16,00,000 tak: 15%
- ₹16,00,001 se ₹20,00,000 tak: 20%
- ₹20,00,001 se ₹24,00,000 tak: 25%
- ₹24,00,000 se zyada: 30%
₹75,000 ka standard deduction automatically apply hota hai, aur agar aapki total taxable income ₹12,00,000 se kam hai, to Section 87A ke tehat pura rebate milta hai — matlab aapko effectively zero tax dena padta hai, chahe aapki income technically kisi bhi slab mein aati ho.
Old Regime Kaise Kaam Karta Hai
Old Regime mein tax rates zyada hain (5%/20%/30%) lekin aap apni taxable income kam kar sakte ho in deductions ke through:
- Section 80C (₹1.5 lakh tak) — EPF, PPF, ELSS, life insurance premiums, home loan principal
- Section 80D — health insurance premiums
- HRA exemption — agar aap rent de rahe ho aur salary mein HRA milta hai
- Home loan interest (Section 24b) — self-occupied property ke liye ₹2 lakh tak
Yahan standard deduction ₹50,000 hai, aur tax-free rebate sirf ₹5,00,000 tak ki taxable income pe apply hoti hai.
To Kaunsa Regime Zyada Paisa Bachata Hai?
Ek rough guide ki tarah: agar aapke total deductions (80C + 80D + HRA + home loan interest, etc.) milakar roughly ₹4-4.5 lakh saal ka ban jaate hain, to Old Regime aksar sasta padta hai. Agar aapke paas claim karne layak zyada deductions nahi hain — jo aajkal younger earners mein common hai jinke paas home loan ya bade insurance premiums nahi hain — to New Regime usually better hota hai kyunki iske base rates kam hain aur rebate threshold zyada hai. Upar wala calculator ye comparison aapke liye automatically kar deta hai — apni salary aur Old Regime ke estimated deductions daalein, aur ye dikha dega kaunsa regime aapke liye kam tax result karta hai.
Frequently Asked Questions
Kya main har saal New aur Old Regime ke beech switch kar sakta hoon?
Agar aap ek salaried individual ho aur koi business income nahi hai, to haan — har financial year mein jo bhi regime aapke liye better ho, wo choose kar sakte ho return file karte waqt.
Kya New Regime ab compulsory hai?
New Regime default option hai, lekin agar Old Regime aapke liye zyada fayda mand hai to aap use bhi choose kar sakte ho — bashart aapki business ya professional income na ho (us case mein switching pe extra restrictions hain).
Kya ye calculator HRA exemption specifically calculate karta hai?
Nahi — ye calculator aapke diye gaye total deductions figure ke basis pe Old Regime tax estimate karta hai. Agar aap HRA claim kar rahe ho, to apne estimated HRA exemption amount ko total deductions input mein include kar dein, taaki comparison zyada accurate ho.
Agar meri income mein capital gains ya rental income shamil hai to?
Ye calculator salaried income ke liye standard slab rates ke hisaab se banaya gaya hai. Capital gains, rental income, aur doosri special-rate income alag tarah se tax hoti hai aur is estimate mein reflect nahi hoti — inhe alag se calculate karne mein ek tax professional aapki madad kar sakta hai.
Kya ₹12 lakh wala rebate ek flat exemption hai, matlab mujhe pehle ₹12 lakh pe koi tax nahi dena, chahe meri total income kuch bhi ho?
Nahi — New Regime ke tehat rebate ek threshold benefit hai, slab exemption nahi. Agar aapki total taxable income ₹12,00,000 ya usse kam hai, to rebate se aapki tax liability zero ho jaati hai. Lekin agar aapki income ₹12,00,000 se cross kar jaati hai, to aapko pehle rupee se hi poori slab structure ke hisaab se tax lagta hai, sirf ₹12 lakh se upar wale amount pe nahi (marginal relief provisions is jump ko thoda kam kar sakte hain unke liye jinki income threshold ke thodi hi upar hai).
Kya mujhe income tax return file karni padegi agar rebate ki wajah se meri tax liability zero hai?
Haan. Rebate ki wajah se zero tax liability hone ka matlab ye nahi ki aapko return file nahi karni — agar aapki gross income basic exemption limit se zyada hai, to zyada tar cases mein filing abhi bhi mandatory hai.
Ye calculator Finance Act 2025 ke provisions ke hisaab se FY 2025-26 (AY 2026-27) ke liye estimates deta hai, jo Budget 2026 ke mutabik FY 2026-27 ke liye bhi same rahenge. Ye surcharge, ₹50 lakh se zyada income pe cess, ya special-rate income account nahi karta. Apni actual tax filing ke liye, kripya kisi qualified chartered accountant ya tax professional se consult karein.