Accurate Income Tax Calculator (FY 2025-26)

Income Tax Calculator

For Salaried Individuals (New Regime) - FY 2025-26 (AY 2026-27)

A Standard Deduction of ₹75,000 is available for salaried individuals and pensioners.
Effectively, no tax is payable for taxable income up to ₹12,00,000 due to the rebate mechanism.
Marginal Relief is provided to ensure the tax increase does not exceed the income increase just above the rebate (₹12L) and surcharge (₹50L, ₹1Cr, etc.) thresholds.
A Health and Education Cess of 4% is applicable on the final income tax amount (including surcharge).
The New Tax Regime is the default regime.

Disclaimer: For illustrative purposes only. Please consult a tax professional for financial advice.