Income Tax Calculator

Calculate income tax, take home salary, and tax savings for FY 2025-26 with latest tax slabs and rates

Tax Calculation

₹0.00 Take Home Salary
₹0.00 Total Tax
0.00% Effective Tax Rate
Gross Salary: ₹0.00
Taxable Income: ₹0.00
Tax + Cess: ₹0.00

Regime Comparison

₹0.00 Tax Savings
₹0.00 Old Regime Tax
₹0.00 New Regime Tax
Better Option: --
Old Regime Take Home: ₹0.00
New Regime Take Home: ₹0.00

Tax Planning Strategy

₹0.00 Additional 80C Required
₹0.00 Current Tax
₹0.00 Tax After Savings
Total 80C Needed: ₹0.00
Achievable Savings: ₹0.00
Tax Rate Bracket: 0%

How to Use the Income Tax Calculator

Our comprehensive income tax calculator provides essential tools for tax calculation and planning for FY 2025-26:

💰 Salary Tax Calculator

Calculate income tax and take home salary from gross salary. Choose between old and new tax regimes, include HRA and deductions under Section 80C for accurate tax calculation.

⚖️ Tax Regime Comparison

Compare old vs new tax regime to determine which option saves more tax. Analyze the impact of deductions and exemptions on your total tax liability.

📊 Tax Planning

Plan your tax savings strategy by calculating additional investments needed in 80C to achieve target savings. Optimize your tax planning with strategic investment suggestions.

Tax Slabs FY 2025-26: New Regime: 0-3L (0%), 3-7L (5%), 7-10L (10%), 10-12L (15%), 12-15L (20%), 15L+ (30%). Old Regime: 0-2.5L (0%), 2.5-5L (5%), 5-10L (20%), 10L+ (30%) with deductions.

Frequently Asked Questions

What are the income tax slabs for FY 2025-26?
New Tax Regime: ₹0-3L (0%), ₹3-7L (5%), ₹7-10L (10%), ₹10-12L (15%), ₹12-15L (20%), ₹15L+ (30%). Old Tax Regime: ₹0-2.5L (0%), ₹2.5-5L (5%), ₹5-10L (20%), ₹10L+ (30%) with deductions available.
Which tax regime is better - old or new?
It depends on your salary and deductions. New regime has lower tax rates but fewer deductions. Old regime has higher rates but allows deductions like 80C, HRA, medical insurance. Use our comparison tool to decide.
What is Section 80C and its limit?
Section 80C allows tax deduction up to ₹1.5 lakh on investments like EPF, PPF, ELSS, NSC, life insurance premiums, home loan principal, and children's tuition fees.
How is HRA exemption calculated?
HRA exemption is the minimum of: (1) Actual HRA received, (2) 50% of salary (metro) or 40% (non-metro), (3) Actual rent paid minus 10% of salary. Only available in old tax regime.
What is the health and education cess?
Health and Education Cess is 4% of the calculated income tax. It's applicable on both old and new tax regimes and is added to the final tax amount.