New Tax Regime Calculator - Compute New Regime Income Tax
Income
Tax Computation
File Your ITR in Under 7 Minutes
Claim maximum tax deductions automatically. Pre-fill salary data and calculate capital gains tax instantly.
Calculation Methodology & Rules
The new regime is the default — lower slabs, almost no deductions, and zero tax up to ₹12 lakh taxable income. Use this for the standalone new-regime figure.
Worked example: ₹15 lakh salary, new regime
For a salaried employee earning ₹15 Lakhs per annum and claiming no exemptions:
- Gross Salary: ₹15,00,000
- Standard Deduction: ₹75,000
- Net Taxable Income: ₹14,25,000 (₹15,00,000 − ₹75,000)
- Slab-wise Tax Build-up:
- ₹0 to ₹4L @ 0%: Nil
- ₹4L to ₹8L @ 5%: ₹20,000
- ₹8L to ₹12L @ 10%: ₹40,000
- ₹12L to ₹14.25L @ 15%: ₹33,750
- Base Tax: ₹93,750
- Health & Education Cess (4%): ₹3,750
- Total Computed Tax: ₹97,500
Learn more and compare options:
- Compare old vs new side-by-side using the Income Tax Calculator (Old vs New).
- Estimate retirement and tax benefits using the NPS Calculator.
New Tax Regime Slabs (FY 2025-26)
| Income Slab | Tax Rate |
|---|---|
| Up to ₹4,00,000 | Nil |
| ₹4,00,001 to ₹8,00,000 | 5% |
| ₹8,00,001 to ₹12,00,000 | 10% |
| ₹12,00,001 to ₹16,00,000 | 15% |
| ₹16,00,001 to ₹20,00,000 | 20% |
| ₹20,00,001 to ₹24,00,000 | 25% |
| Above ₹24,00,000 | 30% |
Frequently Asked Questions
Yes. For net taxable income up to ₹12 lakh, the Section 87A rebate (up to ₹60,000) cancels the tax. Salaried taxpayers add the ₹75,000 standard deduction, so gross salary up to about ₹12.75 lakh is effectively tax-free, with marginal relief smoothing income just above ₹12 lakh.
Very few — mainly the ₹75,000 standard deduction and the employer's NPS contribution under 80CCD(2). Section 80C, HRA, 80D and home-loan interest are not available.
₹0–4L nil, ₹4–8L 5%, ₹8–12L 10%, ₹12–16L 15%, ₹16–20L 20%, ₹20–24L 25%, and above ₹24L 30%, plus 4% health & education cess.