⚠️ Important Disclaimer
This calculator is for indicative purposes only. Results are based on the tax slabs announced in Union Budget 2025. The actual tax liability may vary based on individual circumstances, exemptions, and deductions applicable to you. Please consult a qualified Chartered Accountant at J B B & Co. before filing your return or making any financial decisions.
Source: Income Tax Act, 1961 & Union Budget 2025 — incometax.gov.in
Source: Income Tax Act, 1961 & Union Budget 2025 — incometax.gov.in
Enter Your Details
Enter total annual income before any deductions
Deductions & Exemptions (Old Regime)
PPF, LIC, ELSS, EPF, Home Loan Principal etc.
Medical insurance premium for self & family
House Rent Allowance exemption claimed
₹50,000 for salaried individuals
Interest on housing loan for self-occupied property
80E (education loan), 80G (donations), NPS etc.
Your Tax Calculation
Gross Income
₹0
Taxable Income
₹0
Total Tax Payable
₹0
Tax Breakdown
| Description | Amount (₹) |
|---|
New Tax Regime — FY 2025-26 (Same slabs for all categories). Rebate u/s 87A: Nil tax if income ≤ ₹12,00,000. Standard Deduction: ₹75,000 for salaried.
| Income Slab | Tax Rate |
|---|---|
| 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% |
| Surcharge + Health & Education Cess | 4% on tax |
Old Tax Regime — Individual (Below 60 years) FY 2025-26. Rebate u/s 87A: Nil tax if income ≤ ₹5,00,000.
| Income Slab | Tax Rate |
|---|---|
| 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 tax |
Old Tax Regime — Senior Citizen (60 to 80 years) FY 2025-26. Rebate u/s 87A: Nil tax if income ≤ ₹5,00,000.
| Income Slab | Tax Rate |
|---|---|
| Up to ₹3,00,000 | NIL |
| ₹3,00,001 – ₹5,00,000 | 5% |
| ₹5,00,001 – ₹10,00,000 | 20% |
| Above ₹10,00,000 | 30% |
| Health & Education Cess | 4% on tax |
Old Tax Regime — Super Senior Citizen (Above 80 years) FY 2025-26. No rebate u/s 87A applicable.
| Income Slab | Tax Rate |
|---|---|
| Up to ₹5,00,000 | NIL |
| ₹5,00,001 – ₹10,00,000 | 20% |
| Above ₹10,00,000 | 30% |
| Health & Education Cess | 4% on tax |
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