FinanceBuddy

Income Tax Calculator — FY 2025-26 (AY 2026-27)

Includes rebate, marginal relief, surcharge & cess.
📊 Income Tax Slabs FY 2025-26

New Regime (default)

Taxable Income (₹)Rate
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%

Old Regime (basic slabs)

Age & Income Range (₹)Rate
Up to 2,50,000 (Age < 60)Nil
2,50,001 – 5,00,0005%
5,00,001 – 10,00,00020%
Above 10,00,00030%
Up to 3,00,000 (Age 60-79)Nil
Up to 5,00,000 (Age 80+)Nil
💰 Surcharge Slabs (all regimes)
Total Income (₹)Surcharge Rate
Up to 50,00,000Nil
50,00,001 – 1,00,00,00010%
1,00,00,001 – 2,00,00,00015%
2,00,00,001 – 5,00,00,00025%
Above 5,00,00,00037%
⚖️ Marginal relief applies: tax increase due to surcharge cannot exceed the amount by which income exceeds the threshold.

Note: This calculator is indicative. Special incomes (capital gains taxed separately), rebate/exemption exceptions, tax credits/TDS not handled.

Implementation notes:

  • New regime standard deduction for salaried = ₹75,000; Old regime standard deduction = ₹50,000 (salaried only).
  • Rebate: taxable income ≤ ₹12,00,000 → rebate up to ₹60,000 (applied as min(tax, 60000)).
  • Marginal relief windows (new regime): salaried up to ₹13,50,000; non-salaried up to ₹12,75,000 — calculator applies relief in that small window as requested.
  • Surcharge bands & marginal relief for surcharge are applied per standard rules (50L,1Cr,2Cr,5Cr). Cess = 4%.
Scroll to Top