Skip to main content
FinCrazeAdvisors
Free · FY 2025-26 · AY 2026-27 updated

Income Tax Calculator

Estimate your income tax instantly for FY 2025-26. Compare new vs old regime and see which saves you more.

✅ New regime ₹12L rebate✅ Standard deduction ₹75,000✅ Surcharge + 4% cess included

How it works

  1. 1

    Enter your gross annual income and select income type (salaried or other).

  2. 2

    The calculator instantly computes tax under both the new and old tax regime.

  3. 3

    For old regime, add your deductions (80C, 80D, HRA, home loan, etc.) to see exact savings.

  4. 4

    Compare both regimes side-by-side and identify which option saves you more.

  5. 5

    Once you know your tax, file accurately with a FinCraze CA to claim every deduction.

Frequently asked questions

Which assessment year should I select for filing in 2025?▾
If you are filing your return for income earned in FY 2025-26 (April 2025 – March 2026), select AY 2026-27. For last year's income (FY 2024-25), select AY 2025-26.
Is the new tax regime better than the old regime?▾
It depends on your deductions. If your total deductions (80C, 80D, HRA, home loan interest, etc.) under the old regime exceed roughly ₹3.75 lakh for a ₹15L income, the old regime is better. Use our Old vs New Regime calculator for a detailed comparison.
Does this calculator include surcharge and cess?▾
Yes. The calculator adds the applicable surcharge (if income exceeds ₹50 lakh) and the 4% Health & Education Cess on top of the basic tax.
What is the Section 87A rebate?▾
Under the new regime for AY 2026-27, a rebate of up to ₹60,000 is available if your taxable income is ₹12 lakh or less — effectively making your tax zero. Under the old regime, the rebate is ₹12,500 for income up to ₹5 lakh.
How accurate is this calculator?▾
The calculator uses official tax slabs and standard deductions. It is accurate for most salary/business income scenarios. Complex cases (perquisites, foreign income, special rates, etc.) may require a CA review — which we provide.

Related calculators

Related Free Tools

Old vs New Tax Regime Calculator

Find the better tax regime with a full deductions breakdown.

HRA Calculator

Calculate your HRA exemption under Section 10(13A).

Income Tax Late Fee Calculator

Calculate Section 234F late filing fee and 234A interest.

Don't stop at the estimate

Now get it filed correctly by a CA

You've used the Income Tax Calculator — the next step is to file accurately and claim every deduction. Our ITR Filing service starts at ₹799.

Get this filed by a CA See pricingAsk a CA on WhatsApp
Accuracy guaranteeCA-reviewed & e-verifiedERI-authorised firm