Budget 2025 Income Tax Calculator
Calculate your tax liability under the new tax regime with detailed breakdown
Key Highlights of Budget 2025
No Tax for Income Up to ₹12 Lakhs
A rebate of ₹60,000 ensures individuals with total income up to ₹12,00,000 pay zero tax.
Modified Tax Slabs for New Regime
The tax slabs have been revised for FY 2025-2026 (AY 2026-2027).
Standard Deduction Increased
The standard deduction has been increased to ₹75,000 for salaried individuals.
Marginal Relief Provision
Ensures taxpayers earning just above ₹12 lakh don't pay disproportionately higher tax.
Tax Slabs for FY 2025-2026
| 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% |
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Important Note
This calculator provides an indicative estimate based on Budget 2025 proposals and should not be considered as tax advice. Please consult your tax advisor before making any decisions. We are not responsible for any discrepancies or financial decisions based on these results. The website does not guarantee the accuracy, adequacy, or completeness of the information and is not liable for any errors, omissions, or outcomes resulting from its use.
Budget 2025 Income Tax Calculator | For illustrative purposes only
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