Estimate tax under the new tax regime announced in Union Budget 2025. Salaried individuals get a ₹75,000 standard deduction and pay zero tax on taxable income up to ₹12 lakh thanks to rebate u/s 87A.
| Income range | Tax rate |
|---|---|
| ₹0 – ₹4,00,000 | 0% |
| ₹4,00,000 – ₹8,00,000 | 5% |
| ₹8,00,000 – ₹12,00,000 | 10% |
| ₹12,00,000 – ₹16,00,000 | 15% |
| ₹16,00,000 – ₹20,00,000 | 20% |
| ₹20,00,000 – ₹24,00,000 | 25% |
| ₹24,00,000 – above | 30% |
| Income range | Tax rate |
|---|---|
| ₹0 – ₹2,50,000 | 0% |
| ₹2,50,000 – ₹5,00,000 | 5% |
| ₹5,00,000 – ₹10,00,000 | 20% |
| ₹10,00,000 – above | 30% |
Taxpayers without business or professional income can choose the old regime directly in the ITR if it produces lower tax. Taxpayers with business or professional income must file Form 10-IEA within the section 139(1) due date and should account for the opt-out/re-entry limits.
Zero tax up to ₹12.75 lakh for salaried. Taxable income up to ₹12,00,000 qualifies for full rebate u/s 87A. Adding the ₹75,000 standard deduction, a salaried taxpayer pays no tax on gross salary up to ₹12,75,000.
Above ₹12 lakh, marginal relief ensures tax cannot exceed the income above the rebate threshold. For example, at ₹12,10,000 taxable income, tax is capped at ₹10,000 rather than the full slab-computed amount.
New regime does not permit Chapter VI-A deductions like 80C, 80D, HRA or home loan interest on self-occupied property. Employer NPS contribution u/s 80CCD(2) is allowed.
Pre-loaded scenarios most salaried taxpayers want to check before filing ITR.
Income tax calculator India
FY 2025-26 · AY 2026-27 · both regimes
New regime tax calculator
Budget 2025 slabs, ₹12L rebate
Old regime tax calculator
80C, 80D, 24(b) deductions
Tax on ₹5 lakh salary
Zero tax under both regimes
Tax on ₹10 lakh salary
New regime in-hand breakdown
Tax on ₹15 lakh salary
Compare regimes at mid-range
Tax on ₹20 lakh salary
Upper-middle income bracket
Tax on ₹50 lakh salary
Where surcharge kicks in
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