Does this calculator compare old and new tax regimes?
Yes. The income tax calculator lets you switch between old and new regimes so you can estimate tax under each structure for FY 2025-26.
Income Tax Calculator
Free online income tax calculator for FY 2025-26 (AY 2026-27). Compare tax under old and new regime with latest slabs, deductions, and Section 87A rebate.
Total Tax₹0Effective Rate: 0.0%
Monthly Tax₹0Per month
Taxable Income₹11,25,000
Section 87A Rebate₹16,250Tax rebate applied
Take Home
Tax
Deductions
Tax Breakdown
Gross Income₹12,00,000
Standard Deduction- ₹75,000
Taxable Income₹11,25,000
Income Tax₹16,250
Section 87A Rebate- ₹16,250
Health & Education Cess (4%)+ ₹0
Total Tax Payable₹0
What this tool helps you estimate
This income tax calculator helps salaried taxpayers and self-employed individuals estimate tax liability for FY 2025-26, compare old and new regimes, and understand how deductions and the Section 87A rebate affect the final number.
How to use this calculator
- Enter your annual income and choose whether you are salaried or self-employed.
- Select the tax regime you want to estimate and choose the relevant age group.
- If you are checking the old regime, add eligible deductions such as 80C, 80D, and other applicable claims.
- Review the tax breakdown, effective rate, and monthly tax estimate to understand the result.
Disclaimer: This calculator provides estimates based on the information you enter. Actual values may vary. Tax laws and financial assumptions can change. Please consult a qualified professional before making financial decisions.
Frequently asked questions
Can salaried people use this income tax calculator?
Yes. Salaried taxpayers can use it to estimate tax after the standard deduction and any old-regime deductions they plan to claim.
Is the Section 87A rebate included?
Yes. Where applicable, the calculator applies the Section 87A rebate based on the inputs and regime selected.
Related tools
Old vs New Regime Comparator
Compare income tax under the old and new regime side by side to see which saves more.
GST Calculator
Add or remove GST instantly at 5%, 12%, 18%, or 28% with tax breakup.
SIP Calculator
Estimate SIP returns and future value from monthly mutual fund investments.
WhatsApp-first consultation
Need professional help after using this calculator?
Share what you were estimating and Taxevy will continue the conversation on WhatsApp with the right context.