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Income Tax Calculator
FY 2025-26 New Regime — exact liability and monthly in-hand.
dhanmetrics.com · Educational illustration only · Not investment advice
Income Tax Result — New Regime FY 2025-26
Your total tax liability
Total annual tax
₹0
🎉 Zero tax — full 87A rebate applied
Taxable income
₹11,25,000
Effective tax rate
0.00%
Monthly TDS (₹)
₹0
Monthly in-hand
₹1,00,000
Breakdown
What this means
Zero tax — the Section 87A rebate covers your full liability under the New Regime. You'll take home roughly ₹1.0L a month. Now is a good moment to redirect what you'd have paid into a SIP.
Educational estimate only — FY 2025-26 New Regime slabs, Budget 2025. Actual liability depends on income nature, TDS already deducted, exempt allowances, and your ITR. Consult a CA for filing.
Adjust your scenario
Type, drag, or tap a chip — the result on the right updates instantly.
Inputs — New Regime
FY 2025-26 (AY 2026-27). New Regime is the default from FY 2023-24 onwards. See Old vs New Regime for a full comparison.
Total CTC / annual salary before any deductions. Include all heads: basic, HRA, allowances, bonus.
₹75,000 flat deduction for salaried employees in New Regime (Budget 2025). Applied automatically.
Employer's NPS contribution is deductible under 80CCD(2) even in the New Regime. Leave 0 if not applicable.
Compare
Old vs New Regime
Side-by-side comparison for FY 2025-26
Pillar guide
Tax-saving playbook FY 2025-26
15 min read · long-form
Worked example
₹15 lakh annual salary, FY 2025-26, New Tax Regime, salaried
Standard deduction: ₹75,000 · Taxable income: ₹14,25,000 · Effective rate: 6.5%
Under the FY 2025-26 New Regime, a ₹15 lakh salary attracts roughly ₹97,500 in income tax including 4% cess after the ₹75,000 standard deduction. That's an effective rate of about 6.5% — the regime is now tilted strongly toward the New option for most salaried taxpayers.
Assumes no Section 87A rebate (income above ₹12 lakh threshold).
Tax by salary band
Pre-computed tax for every salary level (FY 2025-26)
Old vs New regime comparison at common salary points. Old Regime assumes standard deduction + ₹1.5 lakh 80C + ₹25k 80D.
- ₹5 lakh→ Both = ₹0
- ₹7 lakh→ Both = ₹0
- ₹10 lakh→ New saves ₹70,200
- ₹12 lakh→ New saves ₹1,11,800
- ₹15 lakh→ New saves ₹1,05,300
- ₹20 lakh→ New saves ₹1,66,400
- ₹25 lakh→ New saves ₹1,95,000
- ₹30 lakh→ New saves ₹1,95,000
- ₹50 lakh→ New saves ₹1,95,000
- ₹1 crore→ New saves ₹2,14,500
Frequently asked questions
Real answers to the questions people search before using this calculator.
Old regime vs New regime — which one should I pick for FY 2025-26?
Pick the New Regime if your total deductions (80C + 80D + HRA + home loan interest + standard deduction) are less than roughly ₹4 lakh. Pick the Old Regime if your deductions clearly exceed that. Run both side by side in the calculator — there's no universal answer.
What is the standard deduction for FY 2025-26?
₹75,000 under the New Regime and ₹50,000 under the Old Regime, available to all salaried employees and pensioners without any documentation. This is applied automatically before slab-wise tax computation.
Is income up to ₹12 lakh really tax-free under the New Regime?
Yes, for FY 2025-26 the New Regime gives a Section 87A rebate that effectively wipes out tax for incomes up to ₹12 lakh (or ₹12.75 lakh including standard deduction for salaried). Above that threshold, normal slab rates apply on the entire taxable income.
Which deductions are still allowed under the New Regime?
Standard deduction, employer NPS contribution under 80CCD(2), transport allowance for disabled employees, and a few others. The big-ticket Old-Regime deductions — 80C, 80D, HRA, home loan interest on self-occupied property, LTA — are not available under the New Regime.
How is HRA exemption calculated?
HRA exemption is the least of three values: actual HRA received, 50% of basic salary (40% for non-metros), or actual rent paid minus 10% of basic salary. The remaining HRA is taxable. Only available under the Old Regime.
When is the deadline to file ITR for FY 2025-26?
31 July 2026 is the standard ITR filing deadline for individuals not requiring audit. Late filing attracts a fee of ₹1,000 (income below ₹5 lakh) or ₹5,000 (above ₹5 lakh), plus interest on unpaid tax, and you lose the right to carry forward most capital losses.