Free Online Income Tax Calculator FY 2025-26(AY 2026-27)
Tax season can be an arduous process. However, with the assistance of an online income tax calculator, individuals across India can now swiftly estimate their tax obligations.
Whether employed as a salaried individual or self-employed professional, using this online calculator in India can save time. It reduces confusion, especially because of the new tax regulations for the financial year 2025-26.
✅ What is an Online Income Tax Calculator?
An online income tax calculator is a free digital tool for Indian taxpayers to estimate their tax liability. It quickly calculates the total tax payable based on the latest tax slabs. Users enter income details, deductions, and other applicable data.
This online income tax calculator India is a digital tool that computes your income tax based on inputs such as:
- Gross annual income
- Deductions under sections like 80C, 80D, etc.
- House rent allowance (HRA)
- Standard deduction
- Professional tax
- Interest from savings and home loans
It simplifies the tax filing process. It helps you decide between the old vs new tax regime. This decision is based on your eligible deductions.
✅ Online Income Tax Calculator India- How It Works?
India’s income tax system offers taxpayers a choice between two tax regimes such the Old and New. This Online Income Tax Calculator India helps you evaluate both:
| Regime | Features | Tax Slabs |
|---|---|---|
| Old Regime | Multiple deductions (80C, 80D, HRA, etc.) | Standard progressive slabs with rebates |
| New Regime | Lower tax rates but no deductions | Revised lower rates without exemptions |
By using an online income tax calculator India, you can easily compare your net tax liability under both systems. You can then take your income tax return filing decision accordingly.
Why Use Online Income Tax Calculator FY 2025-26?
With the new tax slab 2025 under the new regime, tax planning has become more dynamic. The Online income tax calculator FY 2025-26 ensures you don’t miss out on choosing the most tax-efficient regime—old vs new. It offers side-by-side comparisons based on your inputs, enabling smarter decisions.
Income Tax Slabs – New Tax Regime (FY 2025–26)
| Income Slab (₹) | Tax Rate |
|---|---|
| ₹0 – ₹4,00,000 | 0% |
| ₹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% |
Example: 12 Lakh Income Tax Calculator
Curious about your tax liability on an annual income of ₹12,00,000? This tool features a comprehensive income tax calculator. It enables you to input your salary. You receive a meticulously detailed breakdown of your tax obligations.
- Taxable income
- Deductions under Section 80C, 80D, etc.
- Tax liability under both regimes
- Cess and surcharge amounts
This is especially helpful for mid-level professionals deciding which tax regime benefits them more.
💡How to Use Online Income Tax Calculator India?
- Enter your gross income, deductions, and exemptions.
- Now click on Calculate Tax button
- Compare old vs new regime taxes.
- Review your estimated tax liability instantly.
💡Online Income Tax Calculator Old vs New Regime: Which One to Choose?
Many taxpayers are perplexed regarding the comparison between the old and new income tax calculator regimes. Here’s a straightforward approach to understanding this concept:
- If you have high deductions (80C investments, HRA, NPS, housing loan), the old regime may offer greater savings. Remember, it may offer a few savings but not with certainty.
- Notably, the government has endeavoured to make the newly implemented tax regime the most popular one in recent years. Consequently, the previous tax regime has remained unchanged for five years.
- If you prefer simplicity and don’t claim many exemptions, the new regime could be better.
Use this online income tax calculator that compares both regimes side by side to make an informed decision.
💡Online Income Tax Calculator 2025-26 Excel: The Offline Solution
Prefer working offline or want to keep a record of your tax computations? The Online Income Tax Calculator Excel version is your solution. This Excel tool provides:
- Auto-calculated tax liability
- Deductions and exemptions under various sections
- Comparison of tax payable under old vs new regime
- Salary structure break-up (if applicable)
Yes, we have prepared a free downloadable Excel-based income tax calculator for FY 2025-26. It’s fully automated and easy to use.
💡Features of Online Income Tax Calculator India (Online & Excel)
| Feature | Online Version | Excel Version |
|---|---|---|
| User-friendly Interface | ✅ | ✅ |
| Old vs New Regime Comparison | ✅ | ✅ |
| Deductions Section | ✅ | ✅ |
| Downloadable/Exportable | Limited | ✅ |
| Offline Access | ❌ | ✅ |
| Custom Calculations | ❌ (limited to tool) | ✅ (full flexibility) |
💡Who Should Use the Online Income Tax Calculator India?
✔️ Salaried Employees: Check deductions like HRA, standard deduction, and 80C investments.
✔️ Freelancers/Self-Employed: Evaluate tax based on gross receipts and expenses.
✔️ Investors: Calculate capital gains, interest income, and deductions.
✔️ Senior Citizens: Verify rebates under Section 87A and different basic exemption limits.
📌 Pro Tips for Using Online Income Tax Calculator 2025-26
- Keep documents handy – Salary slips, Form 16, rent receipts, investment proofs.
- Enter accurate figures – For salary, deductions, and income from other sources.
- Compare both regimes – Always check savings under old vs new regime.
- Use Excel calculators – For customised planning or when offline.
💡Online Income Tax Calculator India- Calculate Your Income Taxes for FY 2025-26 Online
Income Tax Calculator for FY 2025–26
| Particulars | Amount |
|---|---|
| Gross Salary | |
| HRA Exemption (Old Regime only) | |
| LTA Exemption (Old Regime only) | |
| Home Loan Interest (Self‑Occupied) | |
| Home Loan Interest (Let‑Out) | |
| Other Income | |
| STCG (Section 111A) | |
| LTCG (Section 112A) | |
| 80C Deductions | |
| 80CCD(1B) | |
| 80CCD(2) | |
| 80D – Medical Insurance |
| Summary | Old Regime | New Regime |
|---|---|---|
| Net Taxable Income | ||
| Slab Tax | ||
| Rebate u/s 87A | ||
| STCG @15% | ||
| LTCG @12.5% after 1.25L | ||
| Surcharge | ||
| Cess @4% | ||
| Total Tax | ||
| Better Regime | ||
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