India Income Tax Calculator FY 2025–26

For most salaried individuals with income up to ₹12 lakh, the new regime is better — you pay zero tax (due to the Section 87A rebate). For higher incomes with significant deductions (80C investments, HRA, home loan interest), the old regime may still be beneficial. Calculate your tax under both regimes using this calculator and choose whichever results in lower tax.

Section 87A provides a tax rebate to individuals with income below a threshold. Under the new regime (FY 2025-26), if your taxable income is up to ₹12,00,000, your entire income tax liability is rebated — making your effective tax zero (before cess). Under the old regime, rebate of up to ₹12,500 is available if income doesn't exceed ₹5,00,000.