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Salary Income Tax Calculator
Assessment Year 2026-27 (Financial Year 2025-26)
This interactive calculator helps salaried individuals compute income tax liability for AY 2026-27. Enter your salary details and applicable deductions. Tax is computed under both Old Regime (with deductions) and New Regime (simplified, lower rates, with standard deduction).
✅ Updates for FY 2025-26: New Regime standard deduction increased to ₹75,000; tax slabs revised. Old Regime remains unchanged.
📋 Salary Components
🔹 Deductions (Old Regime Only)
Ultimate Tax Hub 2026 – Income Tax Planning Tool for FY 2025-26 & AY 2026-27
📊 Tax Liability Results
Gross Salary: 0 ₹
Taxable Income (Old Regime): 0 ₹ (after all deductions)
Taxable Income (New Regime): 0 ₹ (after standard deduction ₹75,000)
💸 Old Regime Tax Payable: 0 ₹
💸 New Regime Tax Payable: 0 ₹
Recommendation: —
📜 Old Tax Regime Slabs (AY 2026-27)
- Up to ₹2,50,000 – Nil
- ₹2,50,001 – ₹5,00,000 – 5%
- ₹5,00,001 – ₹10,00,000 – 20%
- Above ₹10,00,000 – 30%
+ Health & Education Cess @4% on total tax.
📜 New Tax Regime Slabs (Section 115BAC) – FY 2025-26
- Up to ₹4,00,000 – Nil
- ₹4,00,001 – ₹8,00,000 – 5%
- ₹8,00,001 – ₹12,00,000 – 10%
- ₹12,00,001 – ₹16,00,000 – 15%
- ₹16,00,001 – ₹20,00,000 – 20%
- ₹20,00,001 – ₹24,00,000 – 25%
- Above ₹24,00,000 – 30%
Standard deduction ₹75,000 allowed. No other deductions. Cess @4% applies.
Important Notes:
• Under New Regime, you cannot claim deductions under 80C, 80D, 80CCD(1B), HRA exemption, or home loan interest. Only standard deduction ₹75,000 is allowed.
• Old Regime allows standard deduction ₹50,000 + professional tax + 80C (max ₹1,50,000 including home loan principal) + 80D + 80CCD(1B) (₹50,000 extra) + home loan interest (up to ₹2,00,000).
• Cess of 4% is applied on the tax amount (before cess).
• Senior citizen slabs differ (basic exemption ₹3,00,000 for age 60-80 and ₹5,00,000 for 80+). This calculator assumes general category.
• Under New Regime, you cannot claim deductions under 80C, 80D, 80CCD(1B), HRA exemption, or home loan interest. Only standard deduction ₹75,000 is allowed.
• Old Regime allows standard deduction ₹50,000 + professional tax + 80C (max ₹1,50,000 including home loan principal) + 80D + 80CCD(1B) (₹50,000 extra) + home loan interest (up to ₹2,00,000).
• Cess of 4% is applied on the tax amount (before cess).
• Senior citizen slabs differ (basic exemption ₹3,00,000 for age 60-80 and ₹5,00,000 for 80+). This calculator assumes general category.
