Income Tax Calculator · FY 2025-26
Side-by-side old vs new regime with 87A rebate and cess.
New regime tax
₹97,500
Old regime tax
₹2,02,800
You save ₹1,05,300 with the
Includes 4% health & education cess. Section 87A rebate applied when income ≤ ₹5L (old) / ₹12L (new). FY 2025–26 slabs.
How it works
We compute taxable income as gross − standard deduction − (old regime only: 80C + 80D + HRA). Apply slab rates, subtract 87A rebate if applicable, add 4% cess. Display both regimes side-by-side and highlight the lower.
FAQs
What are the new regime slabs for FY 2025-26?
0–4L: nil. 4–8L: 5%. 8–12L: 10%. 12–16L: 15%. 16–20L: 20%. 20–24L: 25%. Above 24L: 30%. Standard deduction ₹75,000.
What is Section 87A rebate?
Taxpayers with taxable income ≤ ₹5L (old regime) or ≤ ₹12L (new regime) pay zero tax. Applied after regular tax computation.
Which regime is better for me?
New regime is usually better if your 80C+80D+HRA+home-loan deductions are under ~₹3 lakh. Old regime wins when your combined deductions exceed ₹3.5 lakh. This calculator shows the exact break-even for your income.
Is HRA available in the new regime?
No. HRA exemption, LTA, and most chapter VI-A deductions (except NPS 80CCD(2)) are removed under the new regime. The higher standard deduction partially compensates.
What is the health & education cess?
4% on the tax amount (after rebate). Applies to both regimes.