Income-tax calculator 2025: Calculate New Tax Regime vs Old Regime taxes for AY 2025-26; step-by-step guide

Please note, that the tax calculator will help you calculate tax liability for FY 2023-24 and FY 2024-25. Determining the tax liability will help you while filing returns this year, the due date for which is July 31, 2025, for taxpayers whose accounts don’t need to be audited.

This comprehensive guide will walk you through the steps to use the income-tax calculator for calculation your income-tax liability under the new tax regime and the old tax regime for AY 2025-26.

Step-by-step guide to calculate your taxes for FY 2024/25/AY2025-26

Income Tax Calculator

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Basic details

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Income details

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HR & other allowances

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Deductions

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Summary

Basic details

Financial year

FY 2023 - 2024

Age group

0 - 59 yrs

My city is a

Metro

Continue

Start by entering your basic information such as financial year, age group, and your residential city. Also, select the financial year for which you want to calculate your taxes, which in this case is FY 2024-25.

Provide your gross salary, which includes all sources of income such as salary, income from house property, pension, and any other sources. Provide accurate figures to get precise calculations.

HRA & Other Allowances: If you receive a House Rent Allowance (HRA) or any other allowances, input the necessary details. This will help in calculating deductions and exemptions applicable under the old regime.

After providing all the details, the calculator will automatically compute your tax liability under both the new and old tax regimes. You can see a side-by-side comparison of the taxes you need to pay under each regime.

Finally, the calculator will also provide a summary of your tax liability, detailing the exact amount you need to pay under each regime. With the help of this summary, you can decide which regime is best for you. Please note that salaried employees can change their tax regime choice at the time of filing returns.