Income Tax Calculator for Salaried Individuals

Decide which tax regime saves you more money. Enter your salary and deduction details below to get an accurate estimate of your tax liability for Assessment Year 2025-26 or Assessment Year 2026-27.

Step 1: The Basics (Quick Quiz)

Answer these 3 quick questions to help us apply the correct tax laws to your calculation.

  • 1. Which Assessment Year are you filing for?
    • AY 2026-27 (For income earned between April 2025 – March 2026) – Recommended
    • AY 2025-26 (For income earned between April 2024 – March 2025)
  • 2. What is your age?
    • Below 60 years (Individual)
    • 60 to 79 years (Senior Citizen)
    • 80 years and above (Super Senior Citizen)

    Note: Age affects the basic exemption limit in the Old Tax Regime.

  • 3. Do you have a certified disability?
    • No Disability
    • Person with Disability (40% to 79% disability) - Eligible for ₹75,000 deduction under Sec 80U
    • Severe Disability (80% or more disability) - Eligible for ₹1.25 Lakh deduction under Sec 80U

Step 2: Income Details

Use this section to enter your earnings before any taxes or deductions.

  • Gross Annual Salary: Enter your total CTC (Basic + Allowances + Bonus).
  • Income from Other Sources: Include interest from Savings Accounts, Fixed Deposits, or rental income.

Step 3: Deductions & Exemptions (Old Regime)

The Old Regime allows you to lower your taxable income. Please enter the amounts you have invested or spent in the following categories:

Field Label
Description
Max Limit
80C Deductions
Investments in PPF, ELSS, EPF, Life Insurance, etc.
₹1,50,000
Medical Insurance (80D)
Premiums for self, family, and parents.
Up to ₹75,000
Employer’s NPS (80CCD(2))
Employer's contribution to your NPS account
10% of Basic
Donations to Charity (80G)
Contributions to recognized funds or NGOs.
Varies (50%/100%)
Donations to Charity (80G)
Contributions to recognized funds or NGOs.
Varies (50%/100%)
Other Deductions
Any other applicable sections (e.g., 80TTA, 80E).
As per Act

Step 4: Final Result

New vs. Old Regime See exactly what you owe and where you save. This final summary provides your Net Taxable Income and a clear breakdown of Tax, Surcharge, and Cess. By comparing the deduction benefits of both regimes side-by-side, you can instantly see which tax path is most beneficial for your financial goals.

This calculator is for illustrative purposes only and provides an estimate based on the information provided. Actual tax liability may vary based on official Income Tax Department rules. Please consult a tax professional before filing.