Mon – Sat | 10:00 AM – 7:00 PM

Income Tax Calculator

Compute tax under New and Old regime — FY 2025-26 (AY 2026-27).

Income Tax Act 2025 transition: This tool calculates for FY 2025-26 (AY 2026-27) using the Income Tax Act, 1961 - the ITR for this year is filed in July 2026 with the old section numbers (80C, 80D, 87A, 192, etc.). From 1 April 2026 (Tax Year 2026-27) the Income Tax Act, 2025 and Income Tax Rules, 2026 take effect (80C→123, 87A→157, 192→392 etc.; Form 16→130; TDS uses Numeric Payment Codes 1001-1067). View full mapping →

Compute income-tax liability for FY 2025-26 (AY 2026-27). The tool supports both the New Regime (default) and Old Regime, including standard deduction of ₹75,000, Section 87A rebate of up to ₹60,000, surcharge and 4% cess.

Deductions (Old Regime only)

These reduce taxable income under the Old Regime; ignored under New Regime.

New Regime (Default)

Taxable Income₹ 0
Tax on slabs₹ 0
Less: 87A Rebate₹ 0
Surcharge₹ 0
Health & Edu Cess (4%)₹ 0
Total Tax (New)₹ 0

Old Regime

Taxable Income₹ 0
Tax on slabs₹ 0
Less: 87A Rebate₹ 0
Surcharge₹ 0
Health & Edu Cess (4%)₹ 0
Total Tax (Old)₹ 0
Enter your income to see comparison.
FY 2025-26 rates. Excludes special income (capital gains, lottery), capital gains tax rates, and foreign income provisions.
Important note: This tool provides an indicative output only. It does not factor in every special provision, surcharge, exception, or recent notification. Verify with the firm before acting on any computation.

This website is intended solely for the dissemination of basic information regarding SKAG and Associates and is in compliance with the guidelines issued by the Institute of Chartered Accountants of India (ICAI). It is not intended to be a source of advertisement, solicitation or inducement of professional work. The information provided here is general in nature and should not be construed as professional advice. By using this website, the visitor acknowledges that there has been no advertisement, personal communication, solicitation or inducement of any sort whatsoever from the firm or any of its members.