scriptiii
100% Client-Side

FY 2025-26 slabs · AY 2026-27

Income tax calculator

Old regime against new, side by side, with the rebate, marginal relief and cess applied — so the comparison is the one that actually decides it.

80C, 80D, home-loan interest, HRA exemption — ignored by the new regime.

Short answer: under the new regime a ₹15,00,000 salary is ₹14,25,000 taxable after the ₹75,000 standard deduction, which is ₹97,500 of tax including cess. The old regime only beats that when your deductions are large enough to cut taxable income below about ₹10,50,000.

The rebate is a cliff, not a slope

Up to ₹12,00,000 taxable the section 87A rebate cancels the tax entirely. One rupee above it, the rebate disappears — which is why marginal relief exists: between ₹12,00,000 and about ₹12,70,000 you pay only the amount by which your income exceeds the limit. A ₹12,10,000 taxable income pays ₹10,400, not ₹61,500.

How to use the comparison honestly

Enter the deductions you can actually document, not the maximum allowed. A ₹1,50,000 80C claim needs the investments to exist; a home-loan interest claim needs the loan. Comparing a realistic old regime against the new one is the only comparison that means anything.

Income tax questions

Which slabs does this use?

The FY 2025-26 (AY 2026-27) slabs: new regime nil up to ₹4,00,000, then 5%, 10%, 15%, 20%, 25% and 30% above ₹24,00,000; old regime nil up to ₹2,50,000, then 5%, 20% and 30%. Budget 2026 left these unchanged.

Is income up to ₹12 lakh really tax-free in the new regime?

For taxable income up to ₹12,00,000, yes — the section 87A rebate of up to ₹60,000 cancels the tax. With the ₹75,000 standard deduction, a salaried person with gross salary up to about ₹12,75,000 pays nothing. Just above the limit, marginal relief keeps the tax from jumping.

Why does my old-regime figure look wrong?

The old regime only wins when your deductions are large. Enter 80C, 80D, home-loan interest and the HRA exemption you actually qualify for — the page applies them only to the old regime, because the new regime does not allow them.

What is not included?

Special-rate income such as capital gains, income from lottery or crypto, surcharge relief on those, professional tax, and any state-specific deduction. This is salary and other income taxed at slab rates.

Related tools

HRA calculatorThe exemption that goes into the old-regime box.Salary slip generatorTDS on a payslip, in a real PDF.Gratuity calculatorThe other end-of-service figure.