Income Tax Calculator — New Regime FY 2025-26

Updated slabs from Budget 2025. Includes ₹75,000 standard deduction and Section 87A rebate (zero tax up to ₹12L taxable income).

Annual Gross Income

New Regime Slabs FY 2025-26

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

Std Deduction: ₹75K | 87A Rebate: Tax=₹0 if taxable ≤₹12L | Cess: 4%

Take-Home Income

Total Tax

Taxable Income—

Income Tax—

Cess (4%)—

Total Tax Payable—

Effective Rate—

Monthly Tax—

Annual Take-Home—

Understanding the New Tax Regime

Budget 2025 made income up to ₹12 lakh (taxable) completely tax-free through Section 87A rebate. With ₹75,000 standard deduction, anyone earning up to about ₹12.75 lakh gross salary pays zero tax. The new regime has lower rates but removes most deductions (80C, HRA, LTA, home loan interest).

It works better for people without significant investments in tax-saving instruments or home loans. If you have heavy deductions (80C + HRA + home loan = ₹4L+), the old regime may still save more — calculate both scenarios to be sure.

⚠️ Important: This is an estimate for new regime only. Does not account for other income sources, old regime deductions, or employer-specific components. Consult a CA for precise computation.