Historical estimate only — FY 2024–25 / AY 2025–26, not current-year tax. Resident individuals with ordinary slab-rate income up to ₹50 lakh; excludes capital gains, special-rate income, business income, and surcharge. Standard salary deductions: ₹50,000 (old regime) and ₹75,000 (new regime). 87A rebate applied for income ≤ ₹5L (old) or ≤ ₹7L (new).
30% property deduction is applied automatically.
Enter eligible interest only; some loans have a ₹30,000 limit.
Old-regime loss offset capped at ₹2L; no offset against other income in the new regime.
Enter the eligible amount after self/family/parent limits, not the total premium.
Enter the deduction after eligibility, percentage, and qualifying-income limits.
87A rebate: Tax = 0 if taxable income ≤ ₹5L
87A rebate: Tax = 0 if taxable income ≤ ₹7L
How to Use
- Select your age category (affects old regime exemption limits)
- Enter gross salary and any other income sources (interest, rental etc.)
- Add home loan interest and deductions for accurate old regime comparison
- If you receive HRA, enable and fill HRA details for proper exemption
- The calculator auto-applies standard deductions and 87A rebate
Which Regime to Choose?
Compare the historical estimates using eligible deductions. Taxable income and final tax are rounded to the nearest ₹10. Cess is calculated before final rounding.
Check deduction eligibility independently. This calculator does not cover every filing situation. Income Tax Department: AY 2025–26 reference.