Income Tax Calculator

New Tax Regime 2025-26 | Section 115BAC

Enter Your Details

Fill in your income details to calculate tax liability

Annual Gross Salary

?

Basic salary + allowances + bonuses before deductions

₹

Other Income

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Interest, rent, capital gains, dividends, etc.

₹

Standard Deduction

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₹75,000 automatic deduction for salaried individuals

₹

NPS Contribution (80CCD-2)

?

Employer's contribution to National Pension System

₹

Tax Summary

Your calculated tax liability

Total Income ₹0

Total Deductions ₹75,000

Taxable Income ₹0

Excess Over ₹12L ₹0

Marginal Relief ₹0

Total Tax Payable ₹0

Tax Slabs Applied

Detailed breakdown of your tax calculation

Marginal relief applied to ensure tax doesn't exceed income over ₹12 lakh

New Tax Regime Features (FY 2025-26)

Key benefits and provisions under Section 115BAC

No Tax up to ₹4 Lakh

Complete tax exemption for income up to ₹4,00,000

₹75,000 Standard Deduction

Automatic deduction for all salaried individuals

₹60,000 Rebate under 87A

Tax rebate for income up to ₹12 lakh

Marginal Relief Provision

Special relief for income between ₹12-12.75 lakh

Simplified Tax Structure

Fewer deductions, straightforward calculation

4% Health & Education Cess

Additional cess on calculated tax amount

How to Use This Tax Calculator

Step-by-step guide to calculate your income tax

1

Enter Your Salary

Input your annual gross salary including basic pay, allowances, and bonuses

2

Add Other Income

Include income from interest, rent, capital gains, or other sources

3

Review Deductions

Standard deduction is automatically applied. Add NPS contributions if applicable

4

View Results

Get instant tax calculation with detailed slab-wise breakdown

Tax calculations are based on Income Tax Act provisions for FY 2025-26. Please consult a tax advisor for personalized advice.