Tax Calculator 🧮

Income Tax Calculator

FY 2025-26 (AY 2026-27) · New & Old regime · Includes surcharge, cess & 87A rebate

Tax Regime

Income Details

Rules Applied

· Standard deduction: ₹75,000 (new) / ₹50,000 (old) auto-applied.

· Rebate 87A: full rebate up to ₹12L (new) or ₹5L (old). Not on STCG/LTCG.

· Surcharge: 10% above ₹50L; 15% above ₹1Cr; 25% above ₹2Cr (new cap 25%; old: 37% above ₹5Cr).

· 4% Health & Education Cess on tax + surcharge. Marginal relief applied.

Taxable income

₹11.25 L

Base tax on slabs

₹52,500

Surcharge

₹0

Cess (4%)

₹0

Total tax liability (new regime)

₹0

Effective rate

0.0%

Take-home: ₹12.00 LTax: ₹0
Gross income₹12,00,000
Standard deduction (new regime)– ₹75,000
Taxable income₹11,25,000
Income tax on slabs₹52,500
Less: Rebate u/s 87A– ₹52,500
Tax after rebate₹0
Health & education cess (4%)₹0
Total tax liability₹0