Income Tax Calculator: Calculate your new regime and old regime 2025-26 Income Tax Online | Income tax calculator online
Income tax calculator
Income tax is a compulsory tax imposed on the income of individuals and institutions. This includes individuals, Hindu undivided families (HUFs), business, cooperative societies, trusts and other organizations, all of which should follow the income tax rules. Taxal income is calculated on the basis of specific slabs, which are obtained by reducing and rebate from gross income. Income tax calculator simplifies this process by providing a streamlined way to determine your tax liability.
For the financial year 2025-26, our income tax helps in calculating tax payable tax. Just enter details like your age, residential status, income, investment in tax-saving means and income from other sources. The calculator will then calculate your tax liability keeping in mind the exemption, cut and discount.
How to calculate the tax by using income tax calculator?
To properly calculate your income tax, you should keep an account of income from all sources. This includes the salaries from the job, any rental income related to the property of the house or the interest of home loan, and the capital benefits from transactions such as the sale or purchase of shares or property.
In addition, interest income should also be mentioned from various financial instruments such as running from business or professional activities, such as freelancing or running business, savings accounts, fixed deposits and bonds. By incorporating all these income sections, you can ensure a comprehensive calculation of your tax liability.
key features
- User-unforeseen interfaces:Our calculator is designed with a spontaneous interface, making it easier for anyone to enter your financial statements and get calculation by accurately.
- comprehensive coverage:This includes all aspects of the Indian tax system, including cuts, discounts and discounts. You can enter details related to investment, home loan, medical expenses and other cutable items to get accurate tax calculation.
- Latest tax rates:Calculators are regularly updated to show the latest changes in laws and rates by declaring by the government. This ensures that your calculation is always based on the most current information.
- Old and new tax systems:Our calculator allows you to compare tax liabilities under both old and new tax arrangements. This helps you to choose the most beneficial option for your financial situation.
- Multiple Income Sources:Whether your income is from salary, business, capital gains or other sources, calculator can handle multiple income sources and give you complete information about your tax liability.
- Detailed Description:After processing your information, the calculator provides a detailed description of your tax obligation, including gross income, deductions, taxable income and final tax.
- Landscape analysis:You can use calculator to analyze various scenarios, such as salary changes, new investment, or additional income sources, to see how they affect your tax liability.
How to use calculator
- Enter personal details:First of all enter your basic information, such as age, residential status and financial year.
- Income details:Enter your income details from various sources. For salaried persons, it includes salary, bonuses and allowances. Business owners can enter their net commercial income, while people with capital gains or other income should enter the related amount.
- Select tax system:Choose from the old tax system and new tax system and see which option is more beneficial for you. The calculator will provide tax calculation for both arrangements, so that you will be able to make the right decision.
- Cuttings and discounts:Enter the details of your eligible cuttings and discounts (only applied under the old. Incoming Taxes). This includes investment, home loan interest, medical insurance premium and other acceptable deduction in specified equipment.
- Tax Count:Once all the details are recorded, the calculator will process information and provide a comprehensive tax calculation, which will include your gross income, deductions, taxable income and total tax payable under both arrangements.
