Indian Income Tax Calculator AY 2025-26

Tax Calculator

Basic Information

Age Group

City Type

Income Details

Basic Salary (₹)

HRA Received (₹)

Annual Rent Paid (₹)

Other Allowances (₹)

Interest Income (₹)

Deductions

Section 80C Investments (₹)

Maximum limit: ₹1,50,000

Section 80D - Medical Insurance (₹)

Maximum limit: ₹25,000 (₹50,000 for senior citizens)

Tax Comparison

Old Tax Regime

Total Tax

₹0

Tax Breakdown

New Tax Regime

Total Tax

₹0

Tax Breakdown

Scenario Modeling

Adjust these parameters to see how changes might impact your tax liability.

Basic Salary (₹)

Section 80C Investment (₹)

max 1.5L

HRA Received (₹)

0% of Basic 40% of Basic 100% of Basic

Tip: Adjust your 80C investments to the maximum limit of ₹1,50,000 to reduce your tax liability under the Old Regime.

5-Year Income Projections

Annual Income Hike Rate: 5%

Year	Annual Income	Old Regime Tax	New Regime Tax	Recommended Regime

Tax Saving Tips

Consider investing in tax-saving instruments like ELSS mutual funds, PPF, or NSC to reach the full ₹1,50,000 limit under Section 80C. This can significantly reduce your tax liability under the Old Regime.

You can claim deductions up to ₹25,000 for health insurance premiums paid for yourself and your family. Senior citizens can claim up to ₹50,000. An additional deduction of up to ₹25,000 (₹50,000 for senior citizens) is available for premiums paid for parents.

You can claim an additional deduction of up to ₹50,000 for contributions to the National Pension System (NPS) under Section 80CCD(1B). This is over and above the ₹1,50,000 limit of Section 80C.

Interest paid on home loans for self-occupied property is deductible up to ₹2,00,000 per year under Section 24(b). For let-out properties, the entire interest amount is deductible.

Applicable Exemptions & Deductions

Section	Description	Maximum Limit	New Regime
10(13A)	House Rent Allowance (HRA)	Least of: (40%/50% of Basic, Rent paid-10% of Basic, Actual HRA)
80C	Life Insurance Premium, EPF, PPF, ELSS, etc.	₹1,50,000
80CCC	Pension Plans	₹1,50,000 (Combined with 80C & 80CCD(1))
80CCD(1)	NPS Contribution by Employee	₹1,50,000 (Combined with 80C & 80CCC)
80CCD(1B)	Additional NPS Contribution	₹50,000
80CCD(2)	NPS Contribution by Employer	10% of Salary
80D	Medical Insurance Premium	Self & Family: ₹25,000 (₹50,000 for senior citizens) Parents: ₹25,000 (₹50,000 for senior citizens)
80DD	Medical Treatment for Dependent with Disability	₹75,000 (₹1,25,000 for severe disability)
80DDB	Medical Treatment of Specified Diseases	₹40,000 (₹1,00,000 for senior citizens)
80E	Interest on Education Loan	No Limit (for 8 years)
80EE	Interest on Home Loan	₹50,000
80G	Donations to Charitable Institutions	Varies by organization (50% to 100%)
80TTA	Interest on Savings Account	₹10,000
80TTB	Interest Income for Senior Citizens	₹50,000
87A	Tax Rebate for Low Income	₹12,500 (Income up to ₹5 Lakh)	₹60,000 (Income up to ₹12 Lakh)
24(b)	Interest on Housing Loan	₹2,00,000

Tax Information

About Tax Regimes for AY 2025-26

This calculator helps you compare tax liability under both the Old and New tax regimes for the Assessment Year 2025-26. Enter your income details and deductions to determine which regime is more beneficial for you.

Key Features:

Side-by-side comparison of both tax regimes
Detailed tax breakdown including exemptions and deductions
Automatic recommendation of the more beneficial regime
Visual tax comparison

Tax Slabs (Old Regime):

For individuals below 60 years:
- Up to ₹2,50,000: No tax
- ₹2,50,001 to ₹5,00,000: 5%
- ₹5,00,001 to ₹10,00,000: 20%
- Above ₹10,00,000: 30%
For senior citizens (60-80 years):
- Up to ₹3,00,000: No tax
- ₹3,00,001 to ₹5,00,000: 5%
- ₹5,00,001 to ₹10,00,000: 20%
- Above ₹10,00,000: 30%
For super senior citizens (above 80 years):
- Up to ₹5,00,000: No tax
- ₹5,00,001 to ₹10,00,000: 20%
- Above ₹10,00,000: 30%

Tax Slabs (New Regime):

Up to ₹4,00,000: No tax
₹4,00,001 to ₹8,00,000: 5%
₹8,00,001 to ₹12,00,000: 10%
₹12,00,001 to ₹16,00,000: 15%
₹16,00,001 to ₹20,00,000: 20%
₹20,00,001 to ₹24,00,000: 25%
Above ₹24,00,000: 30%

Note: The New Tax Regime does not allow most exemptions and deductions, but offers lower tax rates and higher initial exemption limit.

Tax Calculator

Basic Information

Income Details

Deductions

Tax Comparison

Old Tax Regime

Total Tax

Tax Breakdown

New Tax Regime

Total Tax

Tax Breakdown

Scenario Modeling

5-Year Income Projections

Tax Saving Tips

Maximize Your Section 80C Deductions

Health Insurance Premium (Section 80D)

Additional NPS Contribution (Section 80CCD(1B))

Home Loan Interest (Section 24(b))

Applicable Exemptions & Deductions

Tax Information

About Tax Regimes for AY 2025-26

Key Features:

Tax Slabs (Old Regime):

Tax Slabs (New Regime):