Income Tax Calculator FY 2025-26 | FinTax

🧮 Income Tax Calculator FY 2024-25 & 2025-26

Annual Income (₹)

Financial Year FY 2024-25 (AY 2025-26) FY 2025-26 (AY 2026-27)

Tax Regime Old Tax Regime New Tax Regime (Default)

Section 80C Deduction (₹)
PPF, ELSS, Life Insurance, Home Loan Principal Section 80D Deduction (₹)
Health Insurance Premium Other Deductions (₹)
80G, HRA, Home Loan Interest, etc.

📊 Tax Calculation Result

📋 Old Regime Deduction Limits (FY 2024-25 & 2025-26)

Section 80C (PPF, ELSS, Life Insurance, Home Loan Principal) ₹1,50,000

Section 80D - Health Insurance (Self + Family, Age < 60) ₹25,000

Section 80D - Health Insurance (Self + Family, Age > 60) ₹50,000

Section 80D - Parents Health Insurance (Age < 60) ₹25,000

Section 80D - Parents Health Insurance (Age > 60) ₹50,000

Section 80CCD(1B) - Additional NPS Contribution ₹50,000

Section 80G - Donations No Limit*

HRA Exemption As per Rules

Home Loan Interest - Section 24(b) ₹2,00,000

*Subject to conditions and qualifying donations

🏛️ Old Regime

• Standard Deduction: ₹50,000
• Multiple Deductions Available
• Higher Tax Rates
• Surcharge: 10%-37% on high income

🆕 New Regime

• Standard Deduction: ₹75,000
• Limited Deductions
• Lower Tax Rates
• Surcharge: 10%-25% (Capped)

📝 Note: Calculator includes Standard Deduction, Section 87A Rebate, Surcharge (above ₹50L), and 4% Health & Education Cess. Actual tax may vary based on specific circumstances.