Finance calculator
India - FY 2025-26 / AY 2026-27India Income Tax Calculator
Estimate Indian income tax for FY 2025-26 by comparing the new regime and a basic old-regime calculation.
Formula
India income tax estimate
This simplified calculator is for individual planning. It excludes surcharge, special-rate income, senior-citizen slabs, capital gains, and detailed deduction validation.
Taxable income = gross income - standard deduction - eligible old-regime deductions; tax = slab tax - rebate/relief + 4% cess
For salary income of 1,200,000 in the new regime, standard deduction lowers taxable income to 1,125,000 and the ordinary-income rebate makes slab tax zero.
Sources and assumptions
India income tax source notes
This profile covers a simplified India individual income tax estimate for ordinary slab-rate income. It compares the new regime slabs for FY 2025-26 with a basic old-regime estimate for individuals below 60.
- Effective year
- FY 2025-26 / AY 2026-27
- Last verified
- 2026-05-28
This simplified calculator is for individual planning. It excludes surcharge, special-rate income, senior-citizen slabs, capital gains, and detailed deduction validation.
Official and reference sources
Assumptions
- Income is ordinary slab-rate income for an individual resident taxpayer.
- New regime uses FY 2025-26 slabs and the calculator applies the basic rebate and marginal relief logic for ordinary income.
- Old regime mode uses the below-60 slab structure and applies the user-entered deduction amount.
- Standard deduction is applied only when the salary or pension option is set to yes.
Not included
- Senior citizen, super senior citizen, HUF, firm, company, AMT, surcharge, and special-rate income rules.
- Capital gains, lottery income, crypto income, agricultural income aggregation, house-property loss limits, and treaty rules.
- Detailed Chapter VI-A validation, employer TDS, advance tax interest, and return-filing adjustments.
FAQs
Which tax year does this India income tax calculator use?+
It is set up for FY 2025-26 / AY 2026-27 and includes the new regime slab structure announced for that period.
Does this replace tax filing software?+
No. It is a quick planning estimate and does not validate all income heads, deductions, surcharge, or filing rules.
How does the India Income Tax Calculator calculate the result?+
It uses the India income tax estimate: Taxable income = gross income - standard deduction - eligible old-regime deductions; tax = slab tax - rebate/relief + 4% cess. For salary income of 1,200,000 in the new regime, standard deduction lowers taxable income to 1,125,000 and the ordinary-income rebate makes slab tax zero.
What information do I need to use the India Income Tax Calculator?+
Estimate Indian income tax for FY 2025-26 by comparing the new regime and a basic old-regime calculation.
How accurate is the India Income Tax Calculator?+
India Income Tax Calculator applies the formula and assumptions shown on this page. Results may be rounded for readability, so verify changing rates, thresholds, medical guidance, or legal rules with the cited source or a qualified professional.
What should I check before using the India Income Tax Calculator result?+
Check that the units, dates, rates, and assumptions match your situation. Change one input at a time to understand which values have the largest effect on the result.
Finance guide
How to use the India Income Tax Calculator
Estimate Indian income tax for FY 2025-26 by comparing the new regime and a basic old-regime calculation. The page also explains the india income tax estimate and shows a practical example: For salary income of 1,200,000 in the new regime, standard deduction lowers taxable income to 1,125,000 and the ordinary-income rebate makes slab tax zero.
- 1
Enter your details
Enter the values for the india income tax calculator scenario you want to check.
- 2
Check the calculation
Review the result alongside the india income tax estimate: Taxable income = gross income - standard deduction - eligible old-regime deductions; tax = slab tax - rebate/relief + 4% cess.
- 3
Compare scenarios
Change one or more inputs to see how they affect the india Income Tax Calculator result before you use the estimate.
Was this calculator useful?
0/1200