Income Tax Calculator — New Regime
Tax payable under the new regime slabs with standard deduction.
Income Tax Calculator — New Regime
Tax payable under the new regime slabs with standard deduction.
- Total tax (incl. cess)
- ₹0
- Taxable income
- ₹11.25 lakh
- Effective rate
- 0.0%
- Monthly TDS (approx.)
- ₹0
How is this calculated?
Formula: Taxable income = Gross − standard deduction of ₹75,000. Slab tax is then computed and 4% cess added. A rebate applies up to ₹12.00 lakh of taxable income.
Example: On a gross of ₹12,00,000, taxable income is ₹11,25,000 and the rebate brings the tax to nil.
- The new regime is the default — you must opt out to use the old one.
- Run both calculators side by side before filing.
- Business income has restrictions on switching regimes each year.
Your entries are user inputs; rates and returns you cannot control are assumptions. Results are illustrative, not a statutory computation.
How this calculator works
Taxable income = Gross − standard deduction of ₹75,000. Slab tax is then computed and 4% cess added. A rebate applies up to ₹12.00 lakh of taxable income.
Example
On a gross of ₹12,00,000, taxable income is ₹11,25,000 and the rebate brings the tax to nil.
Frequently asked questions
Which regime is the default?
The new regime is the default. You must opt out to be taxed under the old regime.
Can I claim 80C here?
No. Most deductions including 80C are not available under the new regime; the higher standard deduction partly compensates.
Statutory limits used here reflect FY 2025-26 (AY 2026-27). Results are illustrative and do not constitute tax, legal or investment advice. Speak to a Bluman Chartered Accountant before acting on them.
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