Standard deduction
Income Tax Estimator
Calculate and compare tax liability with a cleaner planning flow
Fill annual income and deduction details once to compare old vs new regime, review slab references, and share results by email.
FY 2023-24 to 2026-27
Old vs New regime
Email + PDF report
Best for
Quick regime compare
Use case
Annual tax planning
Enter annual tax details
Use annual INR values. Keep blank fields as 0 if not applicable.
Before you calculate
- Use gross annual numbers for salary and other income heads.
- Typical caps: Section 80C up to Rs 1,50,000 and Section 80D up to Rs 50,000.
- Home loan interest limits are auto-adjusted by current rules in this tool.
Income tax slabs for FY 2025-26
New Regime
| Income Slab | Tax Rate |
|---|---|
| Up to Rs 4,00,000 | Nil |
| Rs 4,00,001 - Rs 8,00,000 | 5% |
| Rs 8,00,001 - Rs 12,00,000 | 10% |
| Rs 12,00,001 - Rs 16,00,000 | 15% |
| Rs 16,00,001 - Rs 20,00,000 | 20% |
| Rs 20,00,001 - Rs 24,00,000 | 25% |
| Above Rs 24,00,000 | 30% |
Old Regime
| Income Slab | Age < 60 | Age 60-80 | Age > 80 |
|---|---|---|---|
| Up to Rs 2,50,000 | Nil | Nil | Nil |
| Rs 2,50,001 - Rs 3,00,000 | 5% | Nil | Nil |
| Rs 3,00,001 - Rs 5,00,000 | 5% | 5% | Nil |
| Rs 5,00,001 - Rs 10,00,000 | 20% | 20% | 20% |
| Above Rs 10,00,000 | 30% | 30% | 30% |
Planning notes
Use this output as a planning estimate, then verify final filing values against official tax rules and your final proofs.
When new regime is often better
Lower deductions and straightforward income profiles generally favor the new regime.
When old regime may win
Higher eligible deductions and exemptions can reduce tax under the old regime.
What to do next
Save this summary, run alternate scenarios, and email the best one for records.
Are these values final filing amounts?
No. They are estimates based on entered inputs and implemented rules.
Can I compare multiple scenarios quickly?
Yes. Use Reset Inputs and run different deduction or income combinations.
Tax Planning: Detailed Guide
This tax calculator helps you estimate your liability using the inputs you provide and current rule assumptions in this tool. Use it to build a practical tax strategy around income, deductions, capital gains, withholding, and advance payments. The output is best used as a planning estimate and should be reviewed with your actual documents, filing status, and eligible exemptions before final tax filing.
For better planning quality, test multiple scenarios across income levels, deduction usage, holding periods, and tax rates. Small changes in taxable income, exemption eligibility, or surcharge and cess exposure can materially impact final outgo. Recalculate during the year whenever salary structure changes, investment actions occur, or tax rules are updated for your filing year.
How to use tax calculators effectively
Start with accurate numbers from Form 16, AIS/TIS, broker statements, rent receipts, loan certificates, and investment records. Split your calculations by salary, business, capital gains, and other income heads so you can identify where optimization opportunities actually exist.
Common tax planning mistakes to avoid
Taxpayers often mix financial-year and assessment-year data, miss deduction limits, or assume all gains are taxed at slab rates. Another frequent mistake is waiting until the filing deadline instead of planning across the year, which reduces options for better tax efficiency.
Build a complete tax strategy
Use income tax, HRA, section-based deduction, capital gains, TDS, and refund estimators together for a complete view. This integrated approach helps you improve compliance, reduce surprises at filing time, and make better cash-flow decisions through the year.