Income Tax Calculator
Compare your estimated tax liability under the new and old tax regimes for FY 2025-26 (AY 2026-27), for an individual taxpayer below 60 years of age.
₹12,00,000
₹1,50,000
New regime
Lower tax₹0
Taxable income: ₹11,25,000
Old regime
₹1,17,000
Taxable income: ₹10,00,000
The new regime saves you approximately ₹1,17,000 in this scenario.
Includes standard deduction (₹75,000 new regime / ₹50,000 old regime), applicable slab rates, Section 87A rebate with marginal relief, and 4% health & education cess. Does not include surcharge for income above ₹50 lakh, or regime-specific exemptions (HRA, LTA) beyond the deductions you enter. This is an estimate for general guidance only, not tax advice — verify on incometax.gov.in or with a tax professional before filing.