Calculate India income tax for FY 2025-26 under the New Tax Regime. Includes basic exemption, surcharge, and Health & Education Cess.
| Income Slab | Tax Rate |
|---|---|
| Up to ₹3,00,000 | Nil |
| ₹3,00,001 – ₹7,00,000 | 5% |
| ₹7,00,001 – ₹10,00,000 | 10% |
| ₹10,00,001 – ₹12,00,000 | 15% |
| ₹12,00,001 – ₹15,00,000 | 20% |
| Above ₹15,00,000 | 30% |
This India income tax calculator covers FY 2025-26 (Assessment Year 2026-27) under both the New Tax Regime (default since FY 2024-25) and the Old Tax Regime. Enter your gross annual income to estimate total tax liability including surcharge and Health & Education Cess.
The New Tax Regime (Section 115BAC) offers lower tax rates but fewer deductions and exemptions. The basic exemption limit is ₹3,00,000, and taxpayers earning up to ₹7,00,000 pay no tax due to the Section 87A rebate.
The Old Tax Regime offers a higher basic exemption of ₹2,50,000 but allows deductions under Sections 80C, 80D, HRA, LTA, and the ₹50,000 standard deduction — useful for those with significant eligible deductions.