Budget 2025 slabs | Income-tax Act 1961, as amended by Finance Act 2025 | New & Old Regime Comparison
Standard deduction ₹75,000 (new) / ₹50,000 (old) applied automatically.
⚠️ Slab-rate income only. Capital gains (STCG / LTCG u/s 112A / 115BBE etc.) and other special-rate income must be computed separately — rebate u/s 87A does not apply to them (per Budget 2025, PIB PRID 2098406).
Allowed in both new & old regimes. Enter Basic Salary below for a stricter cap; otherwise gross income is used as the cap base.
Senior citizens (60+): cap rises to ₹1,00,000.
Seniors (60+) only. Replaces 80TTA for seniors.
Hyderabad = Non-metro (40% of basic for HRA exemption)
Enter your income and click Calculate Tax
Calculation guide
Use this calculator to estimate Indian income tax for FY 2025-26 / AY 2026-27 and compare the new regime with the old regime. It applies the Budget 2025 new-regime slabs, salaried standard deduction, rebate under section 87A, surcharge and 4% health and education cess for normal slab-rate income.
Last updated: 14 May 2026. The computation has been checked against official Income Tax Department and PIB sources listed below.
PIB's Budget 2025 release states that there is no income tax payable up to Rs. 12 lakh under the new regime, and Rs. 12.75 lakh for salaried taxpayers because of the Rs. 75,000 standard deduction. This page applies that deduction automatically in salaried mode.
The output is for normal slab-rate income. Capital gains, lottery income, crypto/virtual digital asset income, section 115BBE income and other special-rate income need separate treatment and may not receive section 87A rebate.
| Input | New regime tax | Old regime tax | Notes |
|---|---|---|---|
| Salaried gross income Rs. 12,00,000 | Rs. 0 | Rs. 1,63,800 | New taxable income is Rs. 11,25,000 after standard deduction. |
| Salaried gross income Rs. 12,75,000 | Rs. 0 | Rs. 1,87,200 | New taxable income is Rs. 12,00,000 after standard deduction. |
| Direct taxable income Rs. 24,00,000 | Rs. 3,12,000 | Rs. 5,53,800 | Direct mode applies no additional standard deduction. |
A calculator can estimate tax, but ITR filing also depends on your income type, Form 16, AIS/TIS, deductions, capital gains, foreign assets, business income and return form applicability. Anukram handles ITR filing for salaried, business, NRI and capital gains cases.
Sources: Budget 2025 announcement — PIB PRID 2098406 (01-Feb-2025) · Income Tax Portal — ITR-1 applicability AY 2026-27 (last updated 12-May-2026) · Math verified against official IT Dept calculator (bundle parity confirmed) · Section 87A marginal relief per proviso inserted by Finance Act 2025.
Disclaimer: This calculator provides an indicative tax computation and does not purport to give correct calculation in all circumstances. For filing of returns, the exact calculation must be made as per the provisions of the Income-tax Act 1961, Rules, and notifications in force. Information relates to the law as on the date of publication; viewers should ascertain the prevailing law before relying on any output. Consult a qualified CA for case-specific advice.
Anukram handles ITR for salaried, business, NRI, and capital gains cases. Flat pricing, no surprises.
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