📋 Advanced Income Tax Calculator
Compute tax under all 5 heads of income — Old & New Regime | FY 2024-25 & FY 2025-26
👤 Assessee Details
💼 Head I — Income from Salary
HRA u/s 10(13A), LTA u/s 10(5), Children Education etc.
Old Regime only. Max ₹2,500 p.a.
Standard Deduction u/s 16(i) is auto-applied:
Old Regime: ₹50,000 | New Regime: ₹50,000 (FY 2024-25) / ₹75,000 (FY 2025-26)
Old Regime: ₹50,000 | New Regime: ₹50,000 (FY 2024-25) / ₹75,000 (FY 2025-26)
🏠 Head II — Income from House Property
📈 Head III — Profits and Gains from Business / Profession
After depreciation, all allowable business expenses etc.
💰 Head IV — Capital Gains
Taxed at 20% (from 23 July 2024; earlier 15%) under both regimes
12.5% on gains above ₹1,25,000 p.a. Enter gross amount; exemption auto-applied.
Taxed at 12.5% without indexation (from FY 2024-25). Enter net gain after cost deduction.
STCG on unlisted shares, jewellery etc. Added to normal income and taxed at slab rates.
💵 Head V — Income from Other Sources
Deduction u/s 80TTA up to ₹10,000 under Old Regime (enter gross)
📋 Chapter VI-A Deductions — Old Regime Only
Chapter VI-A deductions (80C, 80D etc.) are NOT available under the New Tax Regime. These inputs are used only for Old Regime computation.
PPF, EPF, ELSS, LIC, NSC, home loan principal, tuition fee, FD-5yr etc.
Tax Liability — FY 2025-26 (AY 2026-27)
New Tax Regime
₹0
Effective Rate: 0%
Old Tax Regime
₹0
Effective Rate: 0%
Statement of Income and Tax Computation
Detailed Computation Statement — AY 2026-27
| Particulars | Old Regime (₹) | New Regime (₹) |
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Important Disclaimer: This is an indicative tax computation based on information entered by the user. This calculator does not factor in brought-forward or carry-forward losses (HP loss carry-forward, business loss carry-forward, capital loss carry-forward etc.) as the set-off and carry-forward rules vary by head of income and require professional assessment. Actual tax liability may also differ due to specific exemptions, perquisites, marginal relief on surcharge, and individual circumstances. Please consult a qualified Chartered Accountant before filing your Income Tax Return.
Get the regime comparison in Excel
Side-by-side Old vs New tax computation with all five income heads, deductions, surcharge and cess. CA-prepared.