Income Tax Calculator FY 2025-26

Compare old vs new tax regime for AY 2026-27 with salary, deductions, home-loan interest, and optional HRA exemption for salaried individuals in India.

Compare Old vs New Regime

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Optional HRA section: fill this only if you want HRA exemption to be included in the old-regime comparison.

How this income tax calculator works

This calculator compares the old and new regime for salaried taxpayers using the FY 2025-26 slabs. It includes the standard deduction, optional HRA exemption, 80C, 80D, and home-loan interest under the old regime.

Taxable Income = Gross Salary − Standard Deduction − Eligible Deductions

It is designed for straightforward salary-income comparisons. Special incomes, surcharge, capital gains, and CA-only cases are outside the scope of this simplified calculator.

FAQ

Which regime is default for FY 2025-26?

The new regime is the default option, but you can still compare it with the old regime and choose what works better for your case.

Does the calculator include standard deduction?

Yes. It includes standard deduction for salaried taxpayers while comparing old and new regimes.

Can I include HRA in the old regime?

Yes. Fill the HRA section and the calculator will add the exemption to your old-regime deduction set.

Does this cover capital gains or business income?

No. This version is focused on salaried-income comparisons and the common deductions most users search for first.