https://aionline.in.net

Income Tax calculation for the Financial Year 2025-26

(Assessment Year 2026-2027)

NEW REGIME TAX CALCULATION Amount
1) Gross Salary Income (Allowances, Bonus, Arrear):
2) Less: Standard Deduction U/S 16(Ia):
3) Net Salary income (1-2):

4) Any other Income (Interest etc.):
(i)     
(ii)   
(iii) Savings Account Interest:   
(iv) Family Pension:       
 Less: Deduction U/S 57(IIA):   
 Family Pension after deduction:
Total Other Income (i to iv):
5) Gross Total Income (3+4):
6) Less: Deduction U/S. 80CCD(2) NPS (Employer):
7) Taxable Income (5 - 6):
8) Taxable Income (Rounded off U/S 288A):


9) Tax on Total Income  (Salary Slab)       (Tax):
Upto 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%):       
TOTAL TAX:
10) Less: Tax Exempt U/S 87A (Marginal Relief):
11) Tax Payable:
12) Short Term Capital Gain (20%):  
13) L.T. Capital Gain (12.5% >1.25L):  
14) Total Tax Payable (11+12+13):
15) Add: Education Cess @ 4%:
16) Total Tax Payable (14+15):
17) Less: Rebate u/s 89(i):
18) Net Tax Payable:
19) Tax already deducted (TDS):














Get Counters Free!