Indian Income Tax, Made Simple — FY 2025-26 (AY 2026-27)

Clear, up-to-date guidance on the new tax regime, income tax slabs, deductions, capital gains and choosing the right ITR form. Then compute your tax in minutes with our free online calculator.

🧾 Open the Free ITR Calculator See FY 2025-26 Slabs

Understand your income tax, step by step

Whether you are a salaried employee, an investor with capital gains, or a small business under the presumptive scheme, these guides explain Indian income tax in plain English for the financial year 2025-26 (assessment year 2026-27). Each topic links to our free calculator so you can put the numbers to work.

📊 Income Tax Slabs FY 2025-26

The full new-regime slab table, the section 87A rebate that makes income up to ₹12 lakh tax-free, surcharge and cess.

Read the slab guide →

⚖️ New vs Old Tax Regime

Which regime saves you more? Compare rates, deductions and break-even points for FY 2025-26.

Compare regimes →

💸 Deductions & Exemptions

Standard deduction, 80C, 80D, 80CCD(2), HRA and what still applies under the new regime.

See deductions →

📈 Capital Gains Tax

STCG, LTCG, section 111A & 112A rates, the ₹1.25 lakh LTCG exemption, and foreign shares.

Understand capital gains →

🧭 Which ITR Form to File

ITR-1, ITR-2, ITR-3 or ITR-4? A quick eligibility guide for individuals and HUFs.

Find your form →

📝 How to File Your ITR

A step-by-step walkthrough of the income-tax e-filing portal, from Form 16 to verification.

Filing walkthrough →

Compute your income tax for free

Our calculator supports ITR-1, ITR-2 and ITR-4 for FY 2025-26 — salary, house property, capital gains, surcharge, cess, section 87A rebate and foreign tax credit. Upload your Form 16 / AIS to auto-fill, or enter figures manually with per-field portal guidance.

Open the ITR Calculator →

New-regime income tax slabs at a glance (FY 2025-26)

Total incomeTax rate
Up to ₹4,00,000Nil
₹4,00,001 – ₹8,00,0005%
₹8,00,001 – ₹12,00,00010%
₹12,00,001 – ₹16,00,00015%
₹16,00,001 – ₹20,00,00020%
₹20,00,001 – ₹24,00,00025%
Above ₹24,00,00030%
A rebate under section 87A means resident individuals with total income up to ₹12,00,000 pay effectively no tax under the new regime (excluding income taxed at special rates such as capital gains). Salaried taxpayers also get a ₹75,000 standard deduction.

Read the full slab, surcharge and cess guide →

Why AJ-Tech?

AJ-Tech was built by a network administrator who filed his own income tax for years and got tired of the tax computation being a black box. Every filing season brings fresh scams — agents inflating deductions, fake "guaranteed refund" schemes, and middlemen who leave the honest taxpayer facing the notice. The fix is simple: if you can see how your tax is calculated, nobody can fool you. That's what this free calculator and these guides are for.

Read the full story & get in touch →

Frequently asked questions

What is the income tax slab for FY 2025-26 under the new regime?

Income up to ₹4 lakh is nil, ₹4–8 lakh at 5%, ₹8–12 lakh at 10%, ₹12–16 lakh at 15%, ₹16–20 lakh at 20%, ₹20–24 lakh at 25%, and above ₹24 lakh at 30%. With the section 87A rebate, income up to ₹12 lakh is effectively tax-free.

Which ITR form should I file?

ITR-1 for simple salary income up to ₹50 lakh; ITR-2 for capital gains, multiple properties or foreign income; ITR-4 for presumptive business income up to ₹50 lakh. See our Which ITR guide.

Is the calculator free to use?

Yes — the ITR calculator is free. It is indicative; always verify against your AIS/TIS and consult a professional before filing.

Disclaimer: This content is for general information only and is not tax, legal or financial advice. Tax rules change; always verify figures against your AIS/TIS on the income-tax portal and consult a qualified professional before filing.