Tax Calculator · Apr 2026

Master Your Taxes: How to Use Our Income Tax Calculator for FY 2025-26

Simplify tax planning with our Income Tax Calculator. Compare Old and New Regimes, optimize deductions, and reduce your tax liability effectively for FY 2025-26.

Key Features

Enter gross income, deductions (80C, 80D), HRA, and regime to see taxable income, tax liability, and savings under both regimes. Updated for FY 2025-26 slabs.

Strategies

Example: ₹10L income with ₹2L deductions → ₹78K tax in Old vs ₹1.04L in New Regime. Try it now →

Frequently Asked Questions

Should I choose the Old or the New tax regime?
It depends entirely on how many deductions you actually claim. The Old Regime rewards heavy deduction users — a ₹15 lakh earner with ₹3 lakh of deductions can be roughly ₹50,000 better off there. With few deductions, the New Regime's lower slab rates usually win. The only reliable way to decide is to run both.
What does a worked comparison look like?
On ₹10 lakh income with ₹2 lakh of deductions, the Old Regime produces about ₹78,000 of tax against roughly ₹1.04 lakh under the New Regime — the deductions more than cover the higher slab rates. Change either number materially and the answer can flip.
Which deductions make the biggest difference?
Section 80C up to ₹1.5 lakh, Section 80D at ₹25,000–50,000 depending on age, and HRA. For salaried employees renting in metro cities, HRA alone frequently exceeds ₹1 lakh of exemption, which is often what tips the comparison toward the Old Regime.
Can I switch regimes between years?
Salaried taxpayers without business income can generally choose afresh each year, so the right answer can legitimately change as your rent, investments or income change. Re-run the comparison annually rather than assuming last year's choice still holds.
When should I do this planning?
Early in the financial year, not in February. Spreading 80C investments across the year avoids a last-minute lump sum, gives the money longer to compound, and stops you from buying unsuitable products just to hit the deduction limit before the deadline.

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