Income Tax Calculator FY 2025-26 (AY 2026-27)
Calculate your income tax with the latest Budget 2025 slabs. Compare old vs new regime. Includes 87A rebate, surcharge and cess.
Income Tax Calculator FY 2025-26
Enter your total annual income before any deductions
Senior (60+) and super senior (80+) get higher exemptions in old regime
Only used when comparing old regime. New regime does not allow most deductions.
Frequently Asked Questions
What are the income tax slabs for FY 2025-26 (new regime)?
0–₹4L: Nil, ₹4–8L: 5%, ₹8–12L: 10%, ₹12–16L: 15%, ₹16–20L: 20%, ₹20–24L: 25%, above ₹24L: 30%. Standard deduction: ₹75,000 for salaried. Section 87A rebate: zero tax up to ₹12L net income.
What is the Section 87A rebate in the new regime?
Under the new regime (FY 2025-26), if your taxable income (after standard deduction) is ₹12 lakh or below, you get a full rebate — i.e., your net tax = ₹0. The maximum rebate is ₹60,000.
When is surcharge applicable?
Surcharge is applicable on income above ₹50 lakh: 10% (50L–1Cr), 15% (1–2Cr), 25% (above 2Cr) under new regime. Under old regime: 10% (50L–1Cr), 15% (1–2Cr), 25% (2–5Cr), 37% (above 5Cr).
Which ITR form should I use?
Salaried with salary + interest income: ITR-1 (up to ₹50L) or ITR-2 (above ₹50L or capital gains). Business income: ITR-3 or ITR-4 (presumptive taxation). Companies: ITR-6. LLPs: ITR-5.
What is the due date for ITR filing FY 2025-26?
Individuals (non-audit): July 31, 2026. Companies and audit cases: October 31, 2026. Transfer pricing cases: November 30, 2026.
