ganak.appNew Tax Regime Calculator
Calculate income tax under the new tax regime (Section 115BAC) for FY 2025-26 and FY 2024-25. See slab-wise breakdown, 87A rebate, standard deduction, and effective tax rate. Zero tax up to ₹12.75 lakh for salaried individuals.
Standard deduction of ₹75,000 is automatically applied for salaried/pension income under the new regime.
Employer NPS (80CCD(2)), family pension (57(iia)), and let-out property interest (24(b)) are not yet modeled. Your actual tax may be lower if you have these.
Have deductions like 80C, 80D, or HRA?
Tax Calculation Breakdown
Step-by-step computation under the new tax regime
Slab-wise Tax Breakdown (New Regime FY 2025-26)
How your income is taxed at each slab rate
| Income Slab | Rate | Tax |
|---|---|---|
| ₹0 – ₹4,00,000 | 0% | ₹0 |
| ₹4,00,000 – ₹8,00,000 | 5% | ₹20,000 |
| ₹8,00,000 – ₹12,00,000 | 10% | ₹32,500 |
| ₹12,00,000 – ₹16,00,000 | 15% | ₹0 |
| ₹16,00,000 – ₹20,00,000 | 20% | ₹0 |
| ₹20,00,000 – ₹24,00,000 | 25% | ₹0 |
| ₹24,00,000 – Above | 30% | ₹0 |
| Total | ₹52,500 | |
New Tax Regime Slabs (FY 2025-26)
Income tax slab rates under Section 115BAC — the default regime since FY 2023-24
Default Since FY 2023-24
The new regime applies automatically unless you explicitly opt for the old regime while filing your ITR.
Zero Tax Up to ₹12.75L
With ₹75K standard deduction + Section 87A rebate, salaried individuals pay zero tax up to this limit.
| Income Slab | Tax Rate |
|---|---|
| Up to ₹4,00,000 | Nil |
| ₹4,00,001 – ₹8,00,000 | 5% |
| ₹8,00,001 – ₹12,00,000 | 10% |
| ₹12,00,001 – ₹16,00,000 | 15% |
| ₹16,00,001 – ₹20,00,000 | 20% |
| ₹20,00,001 – ₹24,00,000 | 25% |
| Above ₹24,00,000 | 30% |
Deductions in the New Tax Regime
What's allowed and what's not under Section 115BAC
Allowed
Not Allowed
✱ Modeled in this calculator. ✱✱ Not yet modeled — employer NPS (80CCD(2)), family pension (57(iia)), and let-out property interest (24(b)) are not captured here. If you have these deductions, your actual tax will be lower. For official filing, verify with incometax.gov.in.
How to Save Tax in the New Regime
Strategies that work even without traditional deductions
Maximize Employer NPS — 80CCD(2)
Ask your employer to restructure CTC to include NPS. Up to 14% of basic salary is deductible for all employees (raised from 10% for private sector in Budget 2024). Not yet modeled in this calculator.
₹75,000 Standard Deduction — Automatic
No action needed for salaried/pension income. This alone makes income up to ₹12.75L tax-free (with 87A rebate) for FY 2025-26.
Invest in Tax-Free Instruments
PPF interest, EPF proceeds (after 5 years), and LTCG up to ₹1.25L on equity remain tax-free. You can't claim deductions, but returns are still exempt.
Optimize Salary Structure
Non-taxable perks like food coupons (up to ₹50/meal), uniform allowance, and employer EPF contributions remain outside taxable income.
Who Benefits Most from the New Regime?
Profiles that save more under the new tax regime
Young professionals
No home loan, rent, or insurance claims
Non-investors
Don't invest in 80C instruments (PPF, ELSS, LIC)
High-income earners
Above ₹20L with limited deductions
Business owners
Freelancers without eligible deductions
Hassle-free filers
Prefer simple filing without investment proofs
Income up to ₹12.75L
Zero tax under new regime for FY 2025-26
Rule of thumb
If your total deductions under the old regime are less than ₹3.75 lakhs (for income around ₹15L), the new regime will likely save you more tax. For salaried income up to ₹12.75L, the new regime results in zero tax for FY 2025-26.
Frequently Asked Questions
Common questions about the new tax regime in India
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