Income Tax Calculator Online & Save Tax (FY 2026–27) – Document Hub

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1 Income Details

Annual Gross Salary (₹)

Income from Other Sources (₹)

Interest on Home Loan (Self-Occupied ₹)

2 Deductions (Old Regime)

80C (LIC, PPF, ELSS - Max 1.5L)

80D (Health Insurance)

New Regime

Total Tax Payable

₹ 0

*Including 4% Cess & ₹75k Std. Deduction

Old Regime

Total Tax Payable

₹ 0

*Including 4% Cess & ₹50k Std. Deduction

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Calculating the best regime...

Estimated Savings

₹ 0

Regime Breakdown

Description	New Regime	Old Regime
Gross Total Income	₹ 0	₹ 0
Standard Deduction	- ₹ 75,000	- ₹ 50,000
Investments/Deductions	₹ 0	₹ 0
Taxable Income	₹ 0	₹ 0

Income Tax Slabs FY 2024-25 (AY 2025-26)

As per the Union Budget 2024, the government has revised the **New Tax Regime** slabs to provide more relief to the middle class. The standard deduction for salaried employees under the New Regime has been increased from ₹50,000 to **₹75,000**.

On the other hand, the **Old Tax Regime** remains unchanged but allows you to claim various exemptions like Section 80C, 80D, HRA, and Home Loan interest. Choosing the right regime depends on your total investments and annual income.

New Regime Slabs (Post-July 2024)

• ₹0 - ₹3,00,000 Nil
• ₹3,00,001 - ₹7,00,000 5%
• ₹7,00,001 - ₹10,00,000 10%
• ₹10,00,001 - ₹12,00,000 15%
• ₹12,00,001 - ₹15,00,000 20%
• Above ₹15,00,000 30%

Rebate Benefit

Under the New Regime, if your taxable income is up to ₹7,00,000, you get a full tax rebate, meaning **Zero Tax**.

Standard Deduction

₹75,000 is directly deducted from your salary in the New Regime, while ₹50,000 is deducted in the Old Regime.

Old vs New

If your total deductions (80C, HRA, etc.) exceed ₹3.75 Lakhs, the Old Regime usually results in more savings.

How to use this Tax Calculator?

Simply enter your annual salary and income from other sources. If you wish to check the Old Regime, enter your investments like ELSS, PPF, or Insurance under the 80C section. The tool will automatically calculate the tax for both regimes and recommend the one where you save the most.

FY 2024-25 UPDATED ACCURATE CESS CALCULATION REBATE U/S 87A INCLUDED

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Hindi / Hinglish Help

Tax kitna lagega kaise jane Income tax bachane ke tarike Konsa regime achha hai old ya new Mobile se income tax kaise nikale 7 lakh tak koi tax nahi kaise Salary par kitna tax kategi calculator

Tax FAQs

How to calculate income tax on salary? Difference between New and Old tax regime? Is standard deduction available in New Regime? How much tax for 12 lakh income? Best tax saving investments in India?

Doc Hub: Advanced Income Tax Calculator (FY 2026-27)

★★★★★ 4.9/5 Rating (9,540+ Taxpayers Trusted)

Plan your finances better with Doc Hub's Income Tax Calculator. Compare the Old vs New Tax Regime, calculate your 80C, 80D, and HRA exemptions, and find your exact tax liability for FY 2026-27.

• Latest Tax Slabs: Updated according to the 2026 Budget.
• Regime Comparison: Side-by-side view of Old vs New Tax System.
• Smart Deductions: Detailed fields for HRA, 80C, 80D, and Home Loan interest.
• Instant Report: Get a clear breakdown of your tax savings.

100% Free • No Login Needed • Accurate & Private