What is Income Tax Calculator?
Estimate your income tax under India’s new regime for FY 2025-26. The calculator applies the ₹75,000 standard deduction for salaried taxpayers, the Section 87A rebate, marginal relief just above the rebate threshold, and 4% health and education cess.
How to use Income Tax Calculator
- Enter your total annual income.
- Tick the salaried box to apply the ₹75,000 standard deduction.
- Read your taxable income, tax, cess, total liability and effective rate.
Why use this tool?
Rebate and marginal relief handled
Income just above the ₹12 lakh rebate limit is a common source of confusion. Marginal relief is applied automatically so the figure is realistic.
Effective rate, not just the slab
Your effective rate — total tax as a share of income — is usually far lower than your top slab, which is the number that actually matters for planning.
Frequently asked questions
Which regime does this cover?
The new tax regime for FY 2025-26 (AY 2026-27), which is the default. Old-regime deductions such as 80C and HRA are not modelled.
Is surcharge included?
No. Surcharge applies to incomes above ₹50 lakh and is not modelled here, so high earners should treat the result as a floor and consult a professional.
Can I rely on this for filing?
Treat it as a planning estimate. Real returns involve other income heads, deductions and TDS credits — confirm with a qualified tax professional before filing.