Income Tax Slabs for AY 2025-26
Old Tax Regime
Income Range (₹) | Tax Rate |
---|---|
Up to ₹2,50,000 | Nil |
₹2,50,001 – ₹5,00,000 | 5% |
₹5,00,001 – ₹10,00,000 | 20% |
Above ₹10,00,000 | 30% |
New Tax Regime
Income Range (₹) | Tax Rate |
---|---|
Up to ₹12,00,000 | Nil |
₹12,00,001 – ₹15,00,000 | 10% |
₹15,00,001 – ₹20,00,000 | 15% |
₹20,00,001 – ₹25,00,000 | 20% |
Above ₹25,00,000 | 25% |
Free Income Tax Calculator – Accurate & Easy Tax Computation for 2025-26
Understanding and calculating income tax can be a daunting task, especially with the latest updates in the Union Budget 2025-26. The Free Income Tax Calculator is a powerful tool designed to simplify this process, allowing individuals to calculate their tax liabilities accurately.
This advanced tool supports both the Old and New Tax Regimes, helping users determine which option is more beneficial for their financial situation. Whether you are a salaried professional, a business owner, or a self-employed individual, this tax calculator ensures precision, efficiency, and clarity.
👉 Use Tax CalculatorWhy Use the Income Tax Calculator?
- ✅ Dual Tax Regime Support – Compare your tax liabilities under both the Old and New Tax Regimes to make an informed choice.
- ✅ Latest Tax Rules Applied – The calculator is updated with the most recent tax rates and regulations from the Union Budget 2025-26.
- ✅ Deductions & Exemptions Considered – Enter your tax-saving investments under Sections 80C, 80D, HRA, and others.
- ✅ Instant & Accurate Results – Get precise tax calculations within seconds, eliminating manual errors.
- ✅ User-Friendly Interface – No technical knowledge required.
How to Use the Free Income Tax Calculator?
Using this tool is simple and requires just a few steps:
- Step 1: Select the Assessment Year (AY 2025-26).
- Step 2: Choose between the Old Tax Regime and New Tax Regime.
- Step 3: Enter your Annual Income.
- Step 4: Provide Deductions & Exemptions (if applicable).
- Step 5: Click "Calculate" to see your tax liability.
Benefits of Using the Tax Calculator
- 📌 Saves Time & Effort – No need for complex calculations or consulting an expert.
- 📌 Maximises Savings – Helps you identify tax-saving opportunities.
- 📌 Compare Old vs. New Tax Regimes – Find out which is best for you.
- 📌 Ensures Tax Compliance – Avoid penalties by filing taxes correctly.
Expert Advice for Tax Planning in 2025-26
- 💡 Assess Both Tax Regimes: Compare tax liability under both systems.
- 💡 Utilise Available Deductions: Maximise deductions under the Old Tax Regime.
- 💡 Stay Updated: Keep up with tax policies to make informed decisions.
- 💡 File Taxes Before the Due Date: Avoid last-minute hassles and penalties.
FAQs – Frequently Asked Questions
Q1: Which tax regime is better for me?
The best option depends on your income, deductions, and tax-saving investments. Use the calculator to compare and decide.
Q2: Can I switch tax regimes every year?
✔ Yes, salaried individuals without business income can switch regimes annually.
❌ Business owners can only switch once after selecting the New Tax Regime.
Q3: Are deductions available under the New Tax Regime?
Most exemptions are removed under the New Regime, but some like employer NPS contributions may still be available.
Q4: Is this tax calculator accurate?
Yes, the calculator is updated with the latest tax laws and ensures 100% accurate calculations.
Key Takeaways
- ✔ Helps taxpayers estimate their tax liabilities easily.
- ✔ Supports both Old & New Tax Regimes.
- ✔ Updated with the latest tax laws.
- ✔ Provides instant tax computation and error-free calculations.
Final Thoughts
The Free Income Tax Calculator simplifies tax calculations, ensuring a quick, accurate, and hassle-free way to determine tax liability. Take control of your taxes today!
👉 Try the Calculator Now