Income Tax Calculator FY 2025-26

🇮🇳 India · FY 2025-26 · AY 2026-27

Income Tax Computation

All 5 Heads of Income · New & Old Regime · Slab-wise Breakdown

Gross Total Income

₹0

Net Taxable Income

₹0

Est. Tax Payable

₹0

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Income from Salary

Sec 15 — Wages, pension, perquisites & allowances

Basic Components

Basic Salary (₹)

₹

DA (Dearness Allowance) (₹)

₹

Special / Other Allowances (₹)

₹

Exemptions & Perquisites

HRA Received from Employer (₹)

₹

LTA Received from Employer (₹)

₹

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HRA Exemption Calculator — u/s 10(13A)

Click to compute exempt portion

₹0 exempt ▼

Actual Rent Paid (₹ per year)

₹

City Type

HRA Exemption Calculation (Minimum of 3 conditions)

① Actual HRA Received₹0

② 50% of (Basic + DA)₹0

③ Rent Paid − 10% of (Basic + DA)₹0

✓ HRA Exemption (Minimum)₹0

Taxable HRA₹0

HRA Exemption (auto-filled) (₹)

₹

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LTA Exemption Calculator — u/s 10(5)

Click to compute exempt portion

₹0 exempt ▼

Actual Travel Fare Claimed (₹)

₹

Actual Travel Fare Claimed (₹)

₹

Mode of Travel

Number of Journeys (max 2 per block)

No. of Family Members Travelling

Current 4-Year Block

LTA Exemption Calculation

LTA Received₹0

Actual Fare × Members × Journeys₹0

✓ LTA Exemption (Minimum of above)₹0

Taxable LTA₹0

LTA Exemption (auto-filled) (₹)

₹

LTA exemption allowed for 2 journeys in a 4-year block. Only domestic travel. Economy class air or AC 1st class rail for shortest route.

Bonus / Taxable Perquisites (₹)

₹

Gratuity / Leave Encashment (taxable) (₹)

₹

Personal & Employer Details

Age Group

Employer NPS Contribution — 80CCD(2) (₹)

₹

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Income from House Property

Sec 22–27 — Self-Occupied & Let-Out properties

Loss from SOP capped at ₹2,00,000/yr (Old Regime). No interest deduction for SOP in New Regime.

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Income from Business / Profession

Sec 28–44 — Net profit after allowable expenses

Actual Income

Net Profit from Business (₹) — can be negative

₹

Professional Income (₹)

₹

Presumptive Taxation (optional)

Sec 44AD — Business Turnover (₹) @ 8% deemed

₹

Sec 44ADA — Profession Receipts (₹) @ 50% deemed

₹

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Income from Capital Gains

Budget 2024 rates — STCG & LTCG

Short-Term Capital Gains (STCG)

STCG — Listed Equity / Equity MF u/s 111A @ 20% (₹)

₹

STCG — Other Assets (Debt, Property, Gold) @ Slab (₹)

₹

Long-Term Capital Gains (LTCG)

LTCG — Listed Equity / Equity MF u/s 112A @ 12.5% above ₹1.25L (₹)

₹

LTCG — Other Assets (Property, Gold, Debt) @ 12.5% (₹)

₹

⚡ Budget 2024: STCG 111A = 20% (was 15%). LTCG 112A = 12.5% with ₹1.25L exemption (was 10% / ₹1L). LTCG on other assets = 12.5% without indexation.

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Income from Other Sources

Sec 56 — Interest, dividends, gifts & residual income

Interest — Savings Account (₹)

₹

Interest — FD / RD / Other Deposits (₹)

₹

Dividends Received (₹)

₹

Family Pension (₹) — 1/3 or ₹15K deducted auto

₹

Lottery / Game Shows / Winnings @ 30% (₹)

₹

Any Other Residual Income (₹)

₹

Savings interest exempt up to ₹10,000 u/s 80TTA (Old Regime). Family pension: std ded of lesser of 1/3rd or ₹15,000.

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Chapter VI-A Deductions

Old Regime — Deductions from Gross Total Income

Section 80C Group (combined max ₹2,00,000)

80C — PF, ELSS, LIC, PPF, NSC, Tuition Fee (max ₹1,50,000)

₹

80CCD(1B) — NPS Self Contribution (max ₹50,000)

₹

Health & Insurance

80D — Health Insurance — Self + Family (₹)

₹

80D — Health Insurance — Parents (₹)

₹

Loans & Donations

80E — Education Loan Interest (₹)

₹

80G — Donations (₹)

₹

80TTA — Savings Interest (max ₹10,000) — Non-Senior

₹

80TTB — Interest Income (max ₹50,000) — Senior Citizen

₹

Total Tax Payable (incl. Surcharge & Cess)

₹0

Effective Rate

₹0

Monthly TDS

₹0

Est. Take-home / yr

Income Computation — All 5 Heads

Gross Salary (before exemptions)₹0

Less: HRA & LTA Exemptions₹0

Less: Standard Deduction₹0

I. Income from Salary₹0

II. Income from House Property₹0

III. Income from Business / Profession₹0

IV. Income from Capital Gains₹0

STCG — Equity/MF u/s 111A @ 20%₹0

STCG — Other Assets (at slab rate)₹0

LTCG — Equity/MF u/s 112A @ 12.5%₹0

LTCG — Other Assets @ 12.5%₹0

V. Income from Other Sources₹0

Lottery / Winnings @ 30%₹0

Gross Total Income (GTI)₹0

Less: Deductions (Chapter VI-A)₹0

Net Taxable Income (Regular Slab)₹0

Tax Computation

Tax on Regular Slab Income₹0

Tax on STCG 111A @ 20%₹0

Tax on LTCG 112A @ 12.5% (above ₹1.25L)₹0

Tax on LTCG Other @ 12.5%₹0

Tax on Lottery / Winnings @ 30%₹0

Total Tax (before rebate & surcharge)₹0

Less: Rebate u/s 87A₹0

Surcharge₹0

Health & Education Cess @ 4%₹0

Total Tax Payable₹0

Slab-wise Tax on Regular Income

Income Slab	Rate	Income in Slab	Tax

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Income & Tax Allocation

Disclaimer: This tool provides estimates for FY 2024-25 / AY 2025-26 based on the information entered. Capital gains rates reflect Budget 2024 amendments effective 23 July 2024. Actual tax may vary based on carry-forward losses, specific exemptions, and other factors. Please consult a qualified Chartered Accountant for accurate tax filing.