TaxLedger FY 2025-26
Budget 2025 Revised Slabs & S.87A Rebate
AY 2026-27
Updated with Budget 2025 ₹12L rebate rules
Indian Income Tax Calculator
Instantly compare Old vs New Tax Regime with 87A rebate, standard deduction, and marginal relief.
Quick select:
Income Details
Step 1 of 2₹
In words: ₹15.00 LMonthly: ₹1,25,000
Fill your eligible exemptions:
Max ₹1,50,000
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Self/Parents
₹
Max ₹50,000
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Rent paid
₹
Max ₹2 Lakh
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Break-Even Analysis: You would need at least ₹3,48,750 in total deductions under the Old Regime to match the New Regime tax at your income level.
Recommendation
Switch to / Stay on New Regime
New Regime saves you ₹52,260 per year compared to the Old Regime.
Annual Net Savings₹52,260
Recommended
New Tax Regime
FY 2025-26 Budget Slabs
₹97,500
Effective tax rate: 6.5%
Standard Deduction₹75,000
Taxable Income₹14,25,000
Health & Edu Cess (4%)₹3,750
Monthly Take-Home₹1,16,875
Old Tax Regime
With full deductions claimed
₹1,49,760
Effective tax rate: 10.0%
Total Deductions₹3,95,000
Taxable Income₹11,05,000
Health & Edu Cess (4%)₹5,760
Monthly Take-Home₹1,12,520
Estimated Monthly In-Hand (Optimal Regime)
₹1,16,875/ month
Annual take-home: ₹14,02,500
| Component | New Regime | Old Regime |
|---|---|---|
| Gross Total Income | ₹15,00,000 | ₹15,00,000 |
| Standard Deduction | -₹75,000 | -₹50,000 |
| Other Exemptions / Deductions | ₹0 | -₹3,45,000 |
| Net Taxable Income | ₹14,25,000 | ₹11,05,000 |
| Tax Computed on Slabs | ₹93,750 | ₹1,44,000 |
| Tax After Section 87A | ₹93,750 | ₹1,44,000 |
| Health & Education Cess (4%) | ₹3,750 | ₹5,760 |
| Total Tax Liability | ₹97,500 | ₹1,49,760 |