Income Tax Calculator: New Regime as per Budget FY 2025-26
- Income up to Rs 4 lakh: No tax
- Income between Rs 4-8 lakh: 5% tax
- Income between Rs 8-12 lakh: 10% tax
- Income between Rs 12-16 lakh: 15% tax
- Income between Rs 16-20 lakh: 20% tax
- Income between Rs 20-24 lakh: 25% tax
- Income above Rs 24 lakh: 30% tax
| Total Income | Tax as per existing rates (Finance (No.2) Act, 2024) | Tax as per proposed rates | Benefit of Rate/Slab | Rebate Benefit | Total Benefit | Tax Payable under new regime |
|---|---|---|---|---|---|---|
| 8 lac | 30,000 | 20,000 | 10,000 | 20,000 | 30,000 | 0 |
| 9 lac | 40,000 | 30,000 | 10,000 | 30,000 | 40,000 | 0 |
| 10 lac | 50,000 | 40,000 | 10,000 | 40,000 | 50,000 | 0 |
| 11 lac | 65,000 | 50,000 | 15,000 | 50,000 | 65,000 | 0 |
| 12 lac | 80,000 | 60,000 | 20,000 | 60,000 | 80,000 | 0 |
| 13 lac | 1,00,000 | 75,000 | 25,000 | 0 | 25,000 | 75,000 |
| 14 lac | 1,20,000 | 90,000 | 30,000 | 0 | 30,000 | 90,000 |
| 15 lac | 1,40,000 | 1,05,000 | 35,000 | 0 | 35,000 | 1,05,000 |
| 16 lac | 1,70,000 | 1,20,000 | 50,000 | 0 | 50,000 | 1,20,000 |
| 17 lac | 2,00,000 | 1,40,000 | 60,000 | 0 | 60,000 | 1,40,000 |
| 18 lac | 2,30,000 | 1,60,000 | 70,000 | 0 | 70,000 | 1,60,000 |
| 19 lac | 2,60,000 | 1,80,000 | 80,000 | 0 | 80,000 | 1,80,000 |
| 20 lac | 2,90,000 | 2,00,000 | 90,000 | 0 | 90,000 | 2,00,000 |
| 21 lac | 3,20,000 | 2,25,000 | 95,000 | 0 | 95,000 | 2,25,000 |
| 22 lac | 3,50,000 | 2,50,000 | 1,00,000 | 0 | 1,00,000 | 2,50,000 |
| 23 lac | 3,80,000 | 2,75,000 | 1,05,000 | 0 | 1,05,000 | 2,75,000 |
| 24 lac | 4,10,000 | 3,00,000 | 1,10,000 | 0 | 1,10,000 | 3,00,000 |
| 25 lac | 4,40,000 | 3,30,000 | 1,10,000 | 0 | 1,10,000 | 3,30,000 |
| 50 lac | 11,90,000 | 10,80,000 | 1,10,000 | 0 | 1,10,000 | 10,80,000 |