India Income Tax Calculator

Compare Old vs New Tax Regime for FY 2025-26 (AY 2026-27). Includes salary, house property, business, capital gains, and common deductions.
Default Regime: New (115BAC) Cess: 4% Capital Gains: 20% / 12.5%
How this works

Enter your income and deduction details. The calculator applies slab rates, special-rate taxes, surcharge, and cess for both regimes, then recommends the lower-tax option.

Special-rate income (e.g., equity capital gains) is taxed separately and only limited deductions/rebates apply.

Recommendation: New Regime Enter your data to see which regime lowers your total tax and maximizes take-home.

Salary and Allowances

Use annual figures. Basic + DA is used for HRA and employer NPS limits.

House Property

Old regime allows loss set-off up to Rs 2,00,000. New regime disallows set-off of loss against other income.

Business / Profession

Use presumptive if applicable (44AD/44ADA). Otherwise input taxable business income.

Capital Gains

Net-off rules apply: STCL offsets STCG/LTCG; LTCL offsets LTCG only.

Other Income

Savings/FD interest are used for 80TTA/80TTB (old regime only).

Deductions (Chapter VI-A)

Most deductions are Old Regime only. Employee PF is included in 80C cap. Employer NPS (80CCD(2)) is allowed in both regimes.

Recommendation: New Regime Enter your data to see which regime lowers your total tax and maximizes take-home.
Recommended

Old Regime

Taxable slab incomeRs 0
Special-rate taxRs 0
Income taxRs 0
SurchargeRs 0
Health & education cessRs 0
Total tax payableRs 0
Monthly taxRs 0
Estimated post-tax incomeRs 0
Recommended

New Regime

Taxable slab incomeRs 0
Special-rate taxRs 0
Income taxRs 0
SurchargeRs 0
Health & education cessRs 0
Total tax payableRs 0
Monthly taxRs 0
Estimated post-tax incomeRs 0
Assumptions used
  • Special-rate income (111A/112/112A, winnings) is taxed separately; Chapter VI-A deductions are applied to slab-rate income only.
  • 87A rebate in the new regime reduces only slab-rate tax; special-rate tax remains payable.
  • House property loss set-off is capped at Rs 2,00,000 in old regime and disallowed in new regime.
  • Surcharge marginal relief is approximated; consult a CA for precise marginal relief in edge cases.
  • Speculative (intraday) losses are set off only against speculative profits; excess loss is carried forward.
  • Slab computation assumes a non-senior resident individual; senior citizen slabs are not auto-applied.