Income Tax Calculator

by
Income Tax Calculator (FY 2025-26)

New Regime Tax Calculator

Financial Year 2025-26 (AY 26-27)
Rebate u/s 87A Marginal Relief
Income Details
₹ 15,00,000
Additional deduction over standard ₹75k
Analysis
Tax Calculation
Net Taxable Income
₹ 0
Total Tax Payable
₹ 0
87A Rebate ₹ 0
Marginal Relief ₹ 0
Component Amount
Note:
  • New Regime Tax Slabs applied.
  • Full rebate if Net Taxable Income ≤ ₹12 Lakhs.
  • Surcharge applies for income above ₹50 Lakhs.
Income Tax Calculator Guide | Calci.in

Income Tax Calculator Guide

Tax Estimation Simplified
Guide

Navigating India’s tax system can be complex. Our Income Tax Calculator helps you estimate your annual tax liability quickly by applying the latest slab rules. It explains the concepts in plain language and lets you compare the Old vs. New Tax Regimes instantly.

The Basic Formula
Tax = (Income × Rate) – Deductions
Income: Annual Taxable
Rate: Slab %
Deductions: 80C, HRA, etc.
Exemptions: Standard Ded.
Real-Life Example
Scenario (India FY 2024-25)
₹10,00,000 Annual Income
Old Regime
Estimated Tax Liability
≈ ₹1,12,500
Calculated after applying standard deductions and tax slabs.
Benefits & Use Cases
Quick Estimation Get a rapid overview of how much tax you might owe before filing.
Compare Regimes Easily switch between Old and New regimes to see which saves you more money.
India Specific Tailored for Indian tax laws, including 80C, 80D, HRA, and NPS deductions.
Related Financial Tools
HRA Calculator Exemption Calculation
PF & Gratuity Retirement Benefits
NPS Calculator Pension Planning
Frequently Asked Questions
Q1: Does this tool file my taxes?

No, this calculator only estimates your tax liability for planning purposes. Actual filing must be done through the official Income Tax portal.

Q2: Is the calculator updated?

Yes, it is updated to reflect the latest tax slabs and rules for the current Financial Year in India.

Q3: Can I choose between Old and New regimes?

Yes, the tool allows you to toggle between both regimes to compare which one results in lower tax for you.

Q4: Does it include deductions?

Yes, you can input common deductions like Section 80C (LIC, PPF), 80D (Health Insurance), HRA, and NPS to refine your estimate.

Authority Sources: Income Tax India