New Tax Regime Calculator (FY 2025–26)
Updated for Budget 2024 slabs · Includes ₹75,000 standard deduction & NPS 80CCD(2)
Selected CTC: ₹10,00,000
Max allowed at 10% of monthly basic:
₹0
Yearly NPS deduction under 80CCD(2):
₹0
Tax Calculation Summary (New Regime)
Gross Income (CTC):
₹10,00,000
Basic Salary (50% of CTC):
₹5,00,000
(₹41,667 / month)
(₹41,667 / month)
Standard Deduction:
₹75,000
NPS Deduction (80CCD(2)):
₹0
(₹0 / month)
(₹0 / month)
Taxable Income:
₹0
Tax Before Rebate (slab wise):
₹0
Rebate u/s 87A (up to ₹60,000):
₹0
Tax After Rebate (before cess):
₹0
Education Cess @ 4%:
₹0
Total Tax Payable:
₹0
Monthly Tax (approx.):
₹0
Slab-wise Tax Breakdown
Quick Notes
- Calculator is for new tax regime salaried individuals for FY 2025–26.
- Basic salary is assumed as 50% of CTC.
- Standard deduction of ₹75,000 is auto-applied.
- Employer NPS deduction is limited to 10% of basic salary under Section 80CCD(2).
- Rebate of up to ₹60,000 is applied when taxable income ≤ ₹12,00,000.
- All tax figures include 4% health & education cess.
About This New Tax Regime Calculator (FY 2025–26)
This New Tax Regime Calculator helps you estimate your income tax liability for FY 2025–26 (AY 2026–27) under the latest slabs announced in Budget 2024. It considers your CTC, standard deduction, and employer NPS contribution to show slab-wise tax, total tax payable, and monthly tax outgo.
New Regime Tax Slabs for FY 2025–26
These are the slabs used by this calculator after standard deduction and NPS deduction:
| Taxable Income Range | Tax Rate | Max Tax in Slab |
|---|---|---|
| Up to ₹4,00,000 | Nil | – |
| ₹4,00,001 to ₹8,00,000 | 5% | ₹20,000 |
| ₹8,00,001 to ₹12,00,000 | 10% | ₹40,000 |
| ₹12,00,001 to ₹16,00,000 | 15% | ₹60,000 |
| ₹16,00,001 to ₹20,00,000 | 20% | ₹80,000 |
| ₹20,00,001 to ₹24,00,000 | 25% | ₹1,00,000 |
| Above ₹24,00,000 | 30% | No upper limit |
How This Calculator Works
Step-by-step, here’s what the calculator does in the background:
- Assumes Basic Salary = 50% of your CTC.
- Applies a fixed Standard Deduction of ₹75,000 for salaried taxpayers.
- Takes your monthly employer NPS contribution, caps it at 10% of monthly basic salary, and annualises it for 80CCD(2) deduction.
-
Calculates Taxable Income as:
Taxable Income = CTC – Standard Deduction – NPS (80CCD(2)) - Applies the new tax slabs slab-by-slab to compute tax before rebate.
- If your taxable income is ≤ ₹12,00,000, applies a rebate of up to ₹60,000 (capped at your slab tax).
- Adds 4% health & education cess on the tax payable after rebate.
Key Features of This New Regime Tax Calculator
- Clean breakdown of CTC, basic salary, deductions and taxable income.
- Slab-wise tax calculation so you know how much you pay in each slab.
- Automatic handling of standard deduction and NPS 80CCD(2) limit.
- Shows both total annual tax and approximate monthly tax.
- Highlights rebate benefit when your income is within the eligible range.
- All calculations run entirely in your browser — no data is stored or uploaded.
Important Considerations
- This tool is designed for salaried individuals opting for the new tax regime.
- Other deductions (80C, 80D etc.) are ignored as they are generally not available in the new regime.
- Actual tax liability may vary based on allowances, perquisites, and employer-specific structures.
- Always cross-check with your Form 16 / payslip or consult a tax professional before filing returns.
Use this calculator to quickly estimate your tax under the new regime, compare it with the old regime (using a separate calculator), and make better salary and investment decisions for FY 2025–26.