Financial Year 2025-26 | Assessment Year 2026-27
Free Online Calculator for All Employees
Employee Details (Not Mandatory)
Details for Income and Tax Calculation
1. Income under the Salaries head
Professional tax to be deducted from salary income
2. Income under the head House Property
3. Income under the head Capital Gains
4. Income under the head Business or Profession
5. Income under the head Other Sources
Deductions Under New Regime
Standard Deduction
75,000
Automatically applied for all salaried employees
Deductible under Section 80CCD(2)
Donations to PM Relief Fund, CM Relief Fund, etc.
Your Tax Calculation
Total Gross Income:
0
Standard Deduction:
75,000
Employee NPS Deduction:
0
Employer NPS Deduction:
0
Donations Deduction:
0
Taxable Income:
0
Income Tax:
0
Health & Education Cess (4%):
0
Total Tax Liability:
0
🎉 Tax Rebate Applied! Your taxable income is below ₹12,00,000, so you qualify for full tax rebate under Section 87A.
Tax Summary
Gross Income:
0
Total Deductions:
0
Taxable Income:
0
Total Tax Payable:
0
Applicable Tax Slabs
New Tax Regime Information - FY 2025-26
Tax Slabs for FY 2025-26 (New Regime)
Up to ₹3,00,000
Nil
₹3,00,001 - ₹6,00,000
5%
₹6,00,001 - ₹9,00,000
10%
₹9,00,001 - ₹12,00,000
15%
₹12,00,001 - ₹15,00,000
20%
Above ₹15,00,000
30%
Zero Tax Benefit Up to ₹12 Lakhs
Under the new tax regime, employees can enjoy zero tax liability for income up to ₹12 lakhs through:
- Enhanced Rebate under Section 87A: Full tax rebate for taxable income up to ₹12,00,000
- Standard deduction of ₹75,000
- Employer's NPS contribution deduction
- Proper tax planning with donations and additional NPS contributions
Important: If your taxable income is ₹12,00,000 or less, you pay ZERO tax under the new regime!
