Income Tax Calculator
Calculate and compare tax regimes for FY 2025-26 / Tax Year 2026-27
Quick Fill Scenarios
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Tax-Free (New Regime)
Standard Deduction
Max Rebate (87A)
Stock Market Income (Optional)
Add your stock market earnings - these are taxed separately from salary income
Deductions & Exemptions (For Old Regime)
| Annual Income (₹) | New Regime Tax | Old Regime Tax | Better Regime | Break-even Deductions |
|---|---|---|---|---|
| ₹5,00,000 | ₹0 | ₹0 | Both | — |
| ₹7,00,000 | ₹0 | ₹44,200 | New | ₹1.5L |
| ₹10,00,000 | ₹0 | ₹1,06,600 | New | ₹4.5L |
| ₹12,00,000 | ₹0 | ₹1,63,800 | New | ₹6.5L |
| ₹15,00,000 | ₹97,500 | ₹2,57,400 | New | ₹5.1L |
| ₹20,00,000 | ₹1,92,400 | ₹4,13,400 | New | ₹7.1L |
| ₹25,00,000 | ₹3,19,800 | ₹5,69,400 | New | ₹8.0L |
✅ Standard Deduction: ₹75,000 (increased from ₹50K)
✅ Generous Rebate: ₹60,000 for taxable income up to ₹12L
✅ Tax-Free Income: Up to ₹12.75L tax-free (salaried) / ₹12L (others)
✅ Simpler Filing: No complex documentation needed
✅ Default Regime: Automatically applies
✅ Lower Tax Rates: Progressive slabs from 5% to 30%
📊 Better for High Deductions: ₹6.5L+ deductions
💰 Claim HRA: Can save ₹200K+ annually
📈 Section 80C: Invest ₹1.5L in PPF, ELSS, NSC
🏥 Section 80D: Health insurance up to ₹1L
🏠 Home Loan Interest: Up to ₹2L deduction available
⚠️ Documentation Required: Keep all proofs for 7 years
₹12L Salaried Income with ₹1.8L Deductions
Annual Income: ₹12,00,000
Deductions (80C, 80D): ₹1,80,000
✅ New Regime: ₹0 tax (₹75K SD + ₹60K rebate)
❌ Old Regime: ~₹1,11,000 tax
💰 Savings: ~₹1,11,000 with New Regime
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