NS
Nivesh Salahkar
Financial & Tax Guidance

FY 2025-26 • AY 2026-27

Income Tax Calculator

Estimate your income tax liability under the New Tax Regime or Old Tax Regime for FY 2025-26 / AY 2026-27.

Tax Details

Calculate Your Tax

Enter income taxable at normal slab rates and applicable deductions.

₹

Standard deduction of up to ₹75,000 is considered for eligible salary/pension income.

₹

Enter only income taxable at normal slab rates. Do not include capital gains, lottery income or other special-rate income here.

Estimated Tax

Tax Calculation

New Tax Regime • FY 2025-26

Estimated Total Tax

₹0

Including 4% Health & Education Cess

Gross Income₹12,75,000
Standard Deduction− ₹75,000
Taxable Income₹12,00,000
Income Tax Before Relief₹60,000
Rebate u/s 87A− ₹60,000
Tax After Rebate / Relief₹0
Health & Education Cess @ 4%₹0

Effective Tax Rate

0.00%

FY 2025-26 • AY 2026-27

New Tax Regime Slabs

Up to ₹4 lakh

Nil

₹4 – ₹8 lakh

5%

₹8 – ₹12 lakh

10%

₹12 – ₹16 lakh

15%

₹16 – ₹20 lakh

20%

₹20 – ₹24 lakh

25%

Above ₹24 lakh

30%

Section 87A — New Tax Regime

An eligible resident individual having total income up to ₹12 lakh may claim rebate under section 87A up to ₹60,000, subject to applicable provisions. Marginal relief may apply where total income marginally exceeds ₹12 lakh.

Important Tax Disclosure

Please verify the final tax computation

This calculator is intended solely for general informational, educational and illustrative purposes for FY 2025-26 / AY 2026-27.

The calculator currently covers income taxable at normal slab rates. It does not calculate tax on special-rate income such as certain capital gains, lottery income and other income taxable at special rates.

Surcharge and surcharge-related marginal relief, AMT, relief under sections 89, 90, 90A or 91, interest, late fees and other special provisions are not included in this simplified calculator.

Eligibility for rebate under section 87A and marginal relief depends on the applicable provisions and the nature of the taxpayer's income.

The result should not be treated as a final tax computation or professional tax opinion. Please verify the computation before filing an income-tax return or making any tax payment.

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