India Income Tax Calculator 2026
Calculate your Indian income tax under the New Tax Regime (FY 2025-26) with standard deduction, Section 87A rebate, surcharge, and cess.
How India Income Tax Works
India's New Tax Regime (default since FY 2023-24) uses progressive tax slabs from 0% to 30%. The basic exemption limit is ₹4,00,000 with a standard deduction of ₹75,000 for salaried employees.
Section 87A provides a full rebate for taxable income up to ₹12,00,000, making the effective zero-tax threshold ₹12,75,000 for salaried individuals. Above ₹50 lakh, a surcharge of 10-25% applies.
Health and Education Cess at 4% is levied on the total tax and surcharge. EPF contributions (12% of basic salary) are deducted by employers for eligible employees.
Data source: Income Tax Department of India
Last verified: 2026-04-25