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.
FormulaTaxable income = gross income - standard deduction - eligible old-regime deductions; tax = slab tax - rebate/relief + 4% cess
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.
SourcesThis 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.
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.
FAQ6 common questions for this calculator.
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?+
For the India Income Tax Calculator, 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?+
Enter the money values, rates, dates, quantities, or assumptions requested by the form. Keep every amount in the same currency or business period before comparing the India Income Tax Calculator result.
How accurate is the India Income Tax Calculator?+
India Income Tax Calculator is accurate for the rates, amounts, dates, and rules entered. It uses the India income tax estimate shown on this page. Real products can differ because of fees, taxes, contract terms, or changing official thresholds.
What should I check before using the India Income Tax Calculator result?+
For the India Income Tax Calculator, check the entered amounts, rates, dates, and rules, then compare the India income tax estimate and worked example with the contract or source you will rely on. Fees, tax year, currency, and payment timing can change the final decision.
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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.