Income Tax Calculator India
Calculate your income tax in India for FY 2025-26. Compare new regime vs old regime. See tax slabs, effective rate, and savings tips.
India has two tax regimes — the New Regime (lower rates, fewer deductions) and the Old Regime (higher rates, many deductions). Since FY 2023-24, the New Regime is the default. This calculator helps you compare both and pick the one that saves you more tax.
Tips for Income Tax India
New Regime is better if you don't have many deductions (HRA, 80C, 80D)
Old Regime is better if your deductions exceed 3-4 lakhs (home loan, HRA, insurance, NPS)
Standard deduction of 75,000 is available in both regimes from FY 2024-25
Income up to 12 lakhs is effectively tax-free under New Regime (with rebate) from FY 2025-26
Frequently Asked Questions
Which tax regime should I choose — new or old?
Is income up to 12 lakh tax-free?
Data sources: IRS (US), HMRC (UK), Income Tax Dept (India) tax slabs
For informational purposes only. Not financial, medical, or legal advice. Always consult a qualified professional for decisions affecting your finances or health.
More Income Tax Calculators
US Federal Income Tax Calculator
Calculate your US federal income tax for 2025. See your tax bracket, effective rate, and take-home pay after federal tax.
UK Income Tax Calculator
Calculate your UK income tax and National Insurance for 2025/26. See your PAYE deductions, effective rate, and take-home pay.