Updated for Union Budget 2025 • FY 2025-26

Income Tax Calculator & Tax Planner

India's most powerful tax calculator. Compare Old vs New regime with every deduction, get personalized saving tips, slab-wise breakdown & downloadable PDF report.

80C / 80D / 80CCD HRA Exemption Home Loan NPS Surcharge ₹12L Rebate
All Calculators Regime Comparator

Quick Presets

Your Income

Enter your annual gross income (CTC or total income before deductions).

₹
₹0₹50L₹1Cr₹5Cr

Deductions & Exemptions

Fill in only what applies. Unused deductions count as zero. Most apply only to Old Regime.

80C
Section 80C Investments PPF, ELSS, LIC, EPF, tuition, NSC (max ₹1.5L)
Old Only

Combined: EPF + PPF + ELSS + LIC + NSC + tuition fees. Max ₹1,50,000.

NPS
NPS Contributions 80CCD(1B) self + 80CCD(2) employer
80CCD(1B) Old 80CCD(2) Both

Additional ₹50,000 over 80C. Old regime only.

Up to 14% of basic (govt) / 10% (private). Both regimes.

80D
Health Insurance — Section 80D Premium for self, family & parents
Old Only

Max ₹25,000 (₹50,000 if senior citizen).

Max ₹25,000 (₹50,000 if parents are senior citizens).

HRA
HRA Exemption Basic salary, HRA received & rent paid
Old Only

Sec24
Home Loan Interest — Section 24(b) Up to ₹2,00,000 for self-occupied property
Old Only

Max ₹2,00,000 for self-occupied property.

More
Other Deductions 80E, 80G, 80TTA/TTB, LTA, Professional Tax, 80DD/80U
Old Only

Full interest amount. No upper limit.

Eligible donation amount (50% or 100% deductible).

Max ₹10,000 (80TTB: ₹50,000 for seniors).

Max ₹2,500. Typically ₹200/month.

₹75,000 (40%+) or ₹1,25,000 (80%+ disability).

📜 Old Tax Regime

With deductions & exemptions

₹0

Total tax payable

Monthly Tax
₹0
Effective Rate
0%

⚡ New Tax Regime

Budget 2025 slabs

₹0

Total tax payable

Monthly Tax
₹0
Effective Rate
0%

Visual Comparison

Monthly Take-Home Breakdown

Detailed Side-by-Side Comparison

Particulars Old Regime New Regime

💡 Personalized Tax-Saving Insights

Tax Slab Reference — FY 2025-26

Old Regime (Below 60)

Up to ₹2,50,000Nil
₹2,50,001 – ₹5,00,0005%
₹5,00,001 – ₹10,00,00020%
Above ₹10,00,00030%

Standard deduction: ₹50,000 • Rebate u/s 87A if taxable ≤ ₹5L

New Regime (Budget 2025)

Up to ₹4,00,000Nil
₹4,00,001 – ₹8,00,0005%
₹8,00,001 – ₹12,00,00010%
₹12,00,001 – ₹16,00,00015%
₹16,00,001 – ₹20,00,00020%
₹20,00,001 – ₹24,00,00025%
Above ₹24,00,00030%

Standard deduction: ₹75,000 • Rebate u/s 87A if taxable ≤ ₹12L

This tool is for informational purposes only. Tax laws are complex and individual circumstances vary.

Consult a qualified tax professional. Calculations based on Income Tax Act for FY 2025-26 (AY 2026-27), Budget 2025.

Smart Moves

Tax-Saving Strategies for FY 2025-26

Actionable tips to reduce your tax liability

🎯

Max Out 80C Early

Invest ₹1.5L in PPF, ELSS, or EPF at the start of the year. Early investing = more compounding + no March rush.

🏦

NPS for Extra ₹50K

80CCD(1B) gives ₹50,000 additional deduction over 80C. Employer NPS (80CCD2) works in both regimes!

🩺

Health Insurance 80D

Deduct up to ₹25K for self (₹50K if senior) + ₹50K for senior citizen parents. ₹1L deduction + vital coverage.

🏠

Home Loan Sec 24(b)

Up to ₹2L deduction on home loan interest. Principal goes under 80C. Powerful combo for homeowners.

🔄

Switch Annually

Salaried taxpayers can switch between Old & New regime every year. Re-run this calculator annually as deductions change.

💰

₹12L Rebate (New)

Budget 2025 gives full tax rebate for taxable income up to ₹12L in New Regime. Salaried up to ₹12.75L pay zero tax.

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Frequently Asked Questions