Income Tax Calculator India for FY 2025-26 & FY 2026-27

Income Tax Calculator India

FY 2025–26 (AY 2026–27) · Old Regime vs New Regime · Marginal Relief · 80CCD(2) Employer NPS

AY 2026-27

With Marginal Relief

📄 Applicable Law:

Year 2025-26 (Income Tax Act, 1961) Sections: 80C, 80D, 87A, 115BAC… Year 2026-27 (Income Tax Act, 2025) Sections: 123, 126, 156, 202… (w.e.f. 1 Apr 2026)

Act 2025 applies for Tax Year 2026-27 onwards (income from 1 Apr 2026).’,

Enter Your Income Details

Income & Deduction Details

Income Sources

Gross Salary / Pension (₹)

Other Income (₹)

Age Category (affects basic exemption limit — Old Regime only)

Below 60 60 – 80 (Senior Citizen) Above 80 (Super Senior Citizen)

Section 80CCD(2) — Employer NPS Contribution ✓ Both Regimes

Employer NPS Contribution (₹) Old & New

💡

New Regime: 14% of Basic+DA for ALL employees (private & govt) — Budget 2025.
Old Regime: 10% for private sector / 14% for Govt employees.
Over & above ₹1.5L 80C limit. Total employer NPS+EPF+Superannuation capped at ₹7.5L/year.

Include Additional Deductions Old Regime Only

Uncheck to compare without further deductions

Additional Deductions — Old Regime Only Old

80C — Max ₹1,50,000 Old

80D — Self/Spouse/Children Old Max ₹25,000 (₹50,000 if you/spouse is Senior Citizen)

80D — Parents’ Health Insurance Old Max ₹25,000 (₹50,000 if Parents are Senior Citizens)

80CCD(1B) — Own NPS — Max ₹50,000 Old

HRA Exemption Old Compute using HRA formula; enter exempt amount

24(b) — Home Loan Interest — Max ₹2,00,000 Old

80E — Education Loan Interest Old No upper limit; max 8 years

80G — Donations Old Enter eligible deductible amount (50%/100% of donation depending on institution). Cash donations above ₹2,000 not eligible.

80TTA / 80TTB — Interest on Savings/Deposits Old 80TTA: Max ₹10,000 (non-senior, savings a/c only) | 80TTB: Max ₹50,000 (senior citizens, all deposits)

Other Deductions (80DD, 80DDB, 80GG, 80U etc.) Old Enter total of other eligible deductions

Standard Deduction applied automatically: ₹75,000 under New Regime & ₹50,000 under Old Regime (salaried / pensioners). | New Regime is the default per Section 115BAC, Income Tax Act, 1961.

⚠️ Scope of This Calculator: Covers income from salary, pension, house property & other sources only.
Capital Gains (LTCG / STCG), speculative income, Virtual Digital Assets (crypto / VDAs), foreign income and other special-rate incomes are taxed at different rates and are not included here.
For personalised tax planning, complex deductions, or ITR filing — please contact CA for Help →

Tax Comparison Results

Enter your income details above and click ⚡ Calculate Tax to see your Old vs New Regime comparison.

Tax Slabs Reference — FY 2025-26 (AY 2026-27)

Old Regime — Sec. 115BAC Opt-Out (Income Tax Act, 1961)

Income Slab	Rate
Up to ₹2,50,000 (₹3L Senior / ₹5L Super Sr.)	Nil
₹2,50,001 – ₹5,00,000	5%
₹5,00,001 – ₹10,00,000	20%
Above ₹10,00,000	30%

Std Deduction: ₹50,000 | 87A (Sec. 87A): ≤₹5L → max ₹12,500
80CCD(2) (Sec. 80CCD): 10% Basic+DA (private) / 14% (Govt) — both regimes
Deductions: 80C (₹1.5L), 80D, 80CCD(1B) (₹50K), HRA, 24(b), 80G, 80TTA etc.
Surcharge: 10% / 15% / 25% / 37% above ₹50L / ₹1Cr / ₹2Cr / ₹5Cr

New Regime (Default) — Sec. 115BAC · Income Tax Act, 1961 · Budget 2025

Income Slab	Rate
Up to ₹4,00,000	Nil
₹4,00,001 – ₹8,00,000	5%
₹8,00,001 – ₹12,00,000	10%
₹12,00,001 – ₹16,00,000	15%
₹16,00,001 – ₹20,00,000	20%
₹20,00,001 – ₹24,00,000	25%
Above ₹24,00,000	30%

Std Deduction: ₹75,000 | 87A (Sec. 87A): ≤₹12L → max ₹60,000
Marginal Relief: Income ₹12L–₹12.75L → tax capped at (income − ₹12L)
80CCD(2) (Sec. 80CCD): 14% Basic+DA for ALL employees — Budget 2025
Surcharge capped at 25% | No age-based slab benefit