Verified Calculation Methodology
Reviewed by CalculatorAll.online Financial Editorial Studio•Last Updated: August 8, 2026
How to use this Income Tax Slabs FY 2025-26 (AY 2026-27) calculator
Under Union Budget FY 2025-26, the New Tax Regime provides a Standard Deduction of ₹75,000 for salaried employees and complete tax rebate under Section 87A for taxable income up to ₹12 Lakhs.
Mathematical Formula & Logic
Taxable Income = Gross Salary - ₹75,000 Std Deduction. Up to ₹4L: Nil | ₹4L-₹8L: 5% | ₹8L-₹12L: 10% | ₹12L-₹16L: 15% | ₹16L-₹20L: 20% | ₹20L-₹24L: 25% | >₹24L: 30%. Plus 4% Health & Education Cess.
Key Calculation Assumptions
- Calculations assume fixed compounding frequencies unless custom compounding is selected.
- Results do not factor in unannounced statutory tax rate adjustments or customized bank penalty fees.
- Calculations serve educational decision-making and planning purposes.
Frequently Asked Questions (FAQs)
Which tax regime is default for FY 2025-26?
The New Tax Regime is the default tax regime for all individual taxpayers unless you explicitly declare Old Tax Regime to your employer.
Is standard deduction available in New Tax Regime?
Is standard deduction available in New Tax Regime? Yes, standard deduction for salaried employees is ₹75,000 under the New Tax Regime.
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Financial Disclaimer: Calculations produced by CalculatorAll.online are estimates for informational and educational purposes only. Market interest rates, tax laws, and bank terms vary. These figures do not constitute personalized investment, legal, tax, or credit advice. Always consult a certified financial advisor before finalizing financial decisions.