Calculate your income tax for FY 2025-26 (AY 2026-27) under both the Old and New regimes. Compares regimes, applies 80C, 80D, HRA and home-loan deductions, and shows your tax, cess, and effective rate.
Last updated
Jul 2026
Reviewed by
EasyTechLabs Finance Team
Calculation method
Documented in “How this is calculated” below
Official sources
Income Tax Department, CBDT, Finance Act, 2025, Ministry of Finance
Formula
Tax = slab tax − §87A rebate + surcharge + 4% cess · Taxable = Gross income − deductions
Calculation method
Computes tax under both the Old and New regimes for FY 2025-26 (AY 2026-27). Slab tax is applied to taxable income, the Section 87A rebate and marginal relief are applied, then surcharge (with marginal relief) and a 4% Health & Education Cess. Both regimes are compared to recommend the cheaper one.
Assumptions
Limitations
Official sources & references