Income Tax Calculator FY 2025-26

Personal Information

Full Name

PAN

Age as on 31st March 2026

Residential Status

Employer Type

City of Residence

Salary Income

Basic Salary (per annum)

Dearness Allowance (DA)

HRA Received Old Regime Only

Rent Paid (per annum) Old Regime Only

LTA Received Old Regime Only

Special Allowances (Taxable portion)

Gratuity (Exempt Amount)

Leave Encashment (Exempt Amount)

Professional Tax Paid Old Regime Only

Employer NPS Contribution (Sec 80CCD(2))

Other Income

Interest Income (Savings/FD/Others)

Other Income (Dividends, Gifts, etc.)

Agricultural Income (for rate purpose)

Income from House Property

Old Regime: Both SOP interest deduction (up to ₹2L) and current-year house property loss set-off (up to ₹2L against other income) are allowed. 30% standard deduction on Net Annual Value is automatically computed.

New Regime (115BAC): SOP interest deduction is NOT allowed. Current-year house property loss cannot be set off against other income. Only let-out property income (if positive) is taxable.

Self-Occupied Property

Home Loan Interest (Self-Occupied, per annum)

Let-Out: Gross Annual Rent Received

Let-Out: Municipal Taxes Paid

Let-Out: Home Loan Interest

Capital Gains Income

STCG — Equity / Mutual Funds (Sec 111A) @ 20%

STCG — Non-Equity / Other Assets (at slab rates)

LTCG — Equity / Equity MF (Sec 112A) @ 12.5%

LTCG — Non-Equity (Sec 112) @ 12.5%

Business / Professional Income (Presumptive)

This section covers presumptive taxation under Sec 44AD (business) and 44ADA (profession). For detailed P&L based computation, consult a CA.

Business Type

Gross Turnover / Receipts

Presumptive Income Rate

Custom Profit % (cannot be less than minimum)

Deductions (Chapter VI-A) Mostly Old Regime

Most deductions below apply only to the Old Regime. New Regime allows only: Standard Deduction (₹75,000), Employer NPS (80CCD(2)), and Family Pension Deduction.

Section 80C / 80CCC / 80CCD(1) — Combined Limit ₹1,50,000

80C (PPF, ELSS, LIC, PF, Tuition, etc.)

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

Section 80D — Medical Insurance

Health Insurance Premium — Self/Family

Preventive Health Checkup — Self

Are you (self) a Senior Citizen (60+)?

Health Insurance Premium — Parents

Preventive Health Checkup — Parents

Are your parents Senior Citizens (60+)?

Other Deductions Old Regime Only

80D — Medical Expenditure (Uninsured Senior)

80E — Education Loan Interest (No limit)

80G — Donations

80G — Donation Amount

80GG — Rent (no HRA from employer)

80TTA/80TTB — Savings Interest Deduction

80DD — Disabled Dependent

80U — Self Disability

80DDB — Medical Treatment (Specified Diseases)

Family Pension Income (for deduction u/s 57)

Please fill in your details and click Calculate Tax on the Deductions tab.

🧮 MakeEazy Income Tax Calculator