Income Tax FY 2025-26

Income Tax Calculator for Govt Employees

New vs Old Regime comparison with Budget 2025 slabs and ₹75,000 standard deduction

New Regime FY 2025-26₹75K Std DeductionOld Regime ComparisonRebate u/s 87A

Monthly Income

Monthly Tax Deduction (TDS)

₹7,145/month

Effective Rate

6.7%

Gross Annual Income₹12,87,216
Standard Deduction₹75,000
Taxable Income₹12,12,216
Income Tax (pre-cess)₹82,443
Health & Education Cess (4%)₹3,298
Total Annual Tax₹85,741
Monthly TDS₹7,145

New Regime Tax Slabs (FY 2025-26)

Income RangeRate
Up to ₹3,00,000Nil
₹3L–₹7L5%
₹7L–₹10L10%
₹10L–₹12L15%
₹12L–₹15L20%
Above ₹15L30%

* Tax rebate u/s 87A: Nil tax if taxable income ≤ ₹7L under New Regime. Standard deduction ₹75,000 (Budget 2025).

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Frequently Asked Questions

For most govt employees, the New Regime is better if they don't have large deductions (80C, HRA, home loan). With a standard deduction of ₹75,000 and lower slabs, the new regime saves tax for most salaries up to ₹15-17 lakh.

Under the new tax regime, if total income is up to ₹7 lakh, you get a full tax rebate under Section 87A, making your effective tax ₹0. This rebate was increased in Budget 2023.

The standard deduction in the new tax regime is ₹75,000 for salaried employees (increased in Budget 2024). Under the old regime, it remains ₹50,000.

Key deductions: Section 80C (up to ₹1.5L — PF, PPF, ELSS), 80CCD(1B) (NPS up to ₹50,000 extra), HRA exemption under Section 10(13A), home loan interest under 24(b), and standard deduction of ₹50,000.