Income Tax Calculator — FY 2025-26
Old Regime Deductions (optional)
Tax Liability — Old vs New Regime Comparison
⚠️ This is an indicative calculation for FY 2025-26. Surcharge, cess, and special income (capital gains, etc.) are not included. Please consult a Chartered Accountant or our legal team for precise ITR filing. Rebate u/s 87A applies if taxable income ≤ Rs.7 lakh (New Regime) or Rs.5 lakh (Old Regime).
Income Tax Slabs — FY 2025-26 (AY 2026-27)
| Income Range | New Regime Rate | Old Regime Rate (Individual below 60) |
|---|---|---|
| Up to Rs. 3,00,000 | Nil | Nil (up to Rs.2.5L) |
| Rs. 3,00,001 – Rs. 7,00,000 | 5% | 5% (Rs.2.5L–Rs.5L) |
| Rs. 7,00,001 – Rs. 10,00,000 | 10% | 20% (Rs.5L–Rs.10L) |
| Rs. 10,00,001 – Rs. 12,00,000 | 15% | 30% (above Rs.10L) |
| Rs. 12,00,001 – Rs. 15,00,000 | 20% | 30% |
| Above Rs. 15,00,000 | 30% | 30% |
Health & Education Cess: 4% on total tax in both regimes. Standard deduction: Rs.75,000 (New) / Rs.50,000 (Old) for salaried individuals.
Frequently Asked Questions
The New Regime is generally better if you have few deductions (HRA, 80C, 80D, home loan interest). If your deductions are large (Rs.3+ lakh), the Old Regime may save more tax. Generally: If annual income is below Rs.7.5 lakh with standard deduction, New Regime results in zero tax due to the Rs.25,000 rebate. For income above Rs.15 lakh, compare carefully — large deductions (home loan interest, HRA, 80C) can tilt the balance toward Old Regime.
Section 87A provides a tax rebate of up to Rs.25,000 if your net taxable income does not exceed Rs.7 lakh under the New Tax Regime (FY 2025-26). For the Old Regime, the rebate is Rs.12,500 for income up to Rs.5 lakh. This means if your taxable income is within these limits, your effective tax liability becomes zero even though tax is technically payable based on slabs.
Yes — SG Law India assists individuals and businesses with ITR filing in Pondicherry. Our services include income tax return preparation, tax planning, and representation before tax authorities. We handle all ITR forms (ITR-1, ITR-2, ITR-3, ITR-4) depending on your income sources. Contact us for assistance with your annual tax filing.
Need Help with ITR Filing?
SG Law India handles income tax return filing, tax planning, and compliance for individuals and businesses in Pondicherry.