✓ Updated for FY 2025-26 Tax Rules — Calculate Now →
FY 2025-26 Tax Rules Ready

India's simplest finance calculators — accurate, free, no signup

Instantly calculate income tax savings under Old vs New Tax Regime, EMI, SIP, and take-home salary without creating an account.

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Official Income Tax Slabs
Enter your total annual CTC / gross salary before any tax deductions for FY 2025-26 (AY 2026-27).
Old Regime Deductions (Optional)

Deductions below apply primarily to the Old Tax Regime. Standard Deduction (₹75,000 for New Regime, ₹50,000 for Old Regime) is auto-calculated.

Max ₹1.5 Lakhs
Medical insurance premiums
Additional NPS contribution
Exempt HRA or home loan interest

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Updated Tax Rules

Aligned with official FY 2025-26 Budget updates.

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Old Tax Regime vs. New Tax Regime (FY 2025-26)

Side-by-side breakdown of tax slabs, deductions, and exemptions

Feature / Provision
Old Tax Regime Deductions Focused
Default Choice New Tax Regime Lower Slab Rates
Standard Deduction ₹50,000 ₹75,000
Tax Free Limit (Section 87A) Up to ₹5,00,000 Up to ₹7,00,000
Lowest Tax Slab (5%) ₹2.5L to ₹5.0L ₹3.0L to ₹7.0L
Section 80C (PPF, EPF, ELSS) Up to ₹1,50,000 Not Allowed
Section 80D (Health Insurance) Up to ₹25,000 / ₹50,000 Not Allowed
NPS Additional 80CCD(1B) Up to ₹50,000 Not Allowed
HRA & Home Loan Interest Full Allowed Not Allowed
30% Max Tax Slab Begins Above ₹10,00,000 Above ₹15,00,000
Best Suitable For Individuals with high investments & home loans (> ₹3.75L deductions) 90%+ Salaried Employees looking for zero paperwork & lower tax rates

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All tax slabs, interest rates, and financial formulas are verified directly against official Income Tax Department and RBI guidelines.

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Regular Union Budget Updates

Calculators are continuously updated as soon as Union Budget provisions and official Finance Act amendments are declared.

Frequently Asked Questions

Common queries regarding Indian Income Tax FY 2025-26

Which tax regime is better for salaried employees in FY 2025-26?
For most salaried individuals with annual income up to ₹7.75 Lakhs (including ₹75,000 Standard Deduction), the New Tax Regime is completely tax-free. If you do not have heavy deductions (like Home Loan interest & Section 80C above ₹3.75 Lakhs), the New Regime usually offers lower tax liability.
What is the Standard Deduction for FY 2025-26?
Under Budget updates for FY 2025-26 (AY 2026-27), the Standard Deduction for salaried employees under the New Tax Regime is ₹75,000, while under the Old Tax Regime it is ₹50,000.
Is Section 80C deduction available in the New Tax Regime?
No, tax deductions under Section 80C (PPF, ELSS, EPF, LIC) are not available under the New Tax Regime. They can only be claimed if you opt for the Old Tax Regime.
Can I switch between Old and New Tax Regimes every year?
Yes! Salaried individuals (without business or professional income) can switch between the Old and New Tax Regimes every financial year when filing their Income Tax Return (ITR).
Does Paisascope store my salary or financial data?
Absolutely not. Paisascope functions entirely on client-side JavaScript inside your browser. No data is stored on databases or transmitted over networks.