Question 1

How much tax will I pay on my salary?

Accepted Answer

It depends on your total income, the regime you choose, and the deductions you can claim — so there is no single figure. Under the New Regime for FY 2025-26, income up to ₹12,00,000 is effectively tax-free thanks to the Section 87A rebate, and salaried employees also get a ₹75,000 standard deduction. Above that, tax rises through the slabs. The Old Regime charges higher slab rates but lets you subtract HRA, 80C, 80D and home-loan interest first, which can make it cheaper if your deductions are large. Enter your salary above and this calculator computes your tax under both regimes and tells you which one costs you less.

Question 2

Which financial year does this calculator use?

Accepted Answer

It uses the rules for Financial Year 2025-26 (Assessment Year 2026-27) as per the Finance Act, 2025 — including the revised New Regime slabs, the ₹75,000 standard deduction, and the Section 87A rebate that makes income up to ₹12,00,000 tax-free under the New Regime.

Question 3

What is the difference between the Old and New tax regimes?

Accepted Answer

The Old Regime has higher tax rates but lets you claim deductions and exemptions (80C, 80D, HRA, home-loan interest, etc.). The New Regime (the default) has lower slab rates and a larger standard deduction and rebate, but does not allow most deductions. This calculator computes both and tells you which is cheaper for you.

Question 4

Is income up to ₹12 lakh really tax-free?

Accepted Answer

Under the New Regime for FY 2025-26, a resident individual with taxable income up to ₹12,00,000 pays no tax because of the Section 87A rebate. With the ₹75,000 standard deduction, a salaried person can earn up to ₹12,75,000 gross and still pay zero tax. Just above ₹12,00,000, marginal relief keeps the tax small.

Question 5

What is Health and Education Cess?

Accepted Answer

A 4% Health and Education Cess is added on top of your income tax (plus surcharge, if any). This calculator includes it in the Total Tax.

Question 6

What deductions can I claim in the Old Regime?

Accepted Answer

Common deductions include Section 80C (up to ₹1,50,000 for EPF, PPF, ELSS, life insurance, etc.), Section 80D (health insurance premiums), HRA exemption, home-loan interest under Section 24(b) (up to ₹2,00,000 for a self-occupied house), professional tax, and others such as 80CCD(1B) for NPS.

Question 7

Is my salary or tax data sent to any server?

Accepted Answer

No. All calculations happen entirely in your browser using JavaScript. Nothing you enter is sent to or stored on any server.

Income Tax Calculator

How this is calculated

Frequently Asked Questions

Income Tax Calculator

How this is calculated

Frequently Asked Questions