Income Tax Calculator
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⚖️ ULTIMATE INCOME TAX ENGINE
OLD VS NEW REGIME COMPARATOR (FY 2025-26)
1. INCOME DETAILS
2. DEDUCTIONS (FOR OLD REGIME ONLY)
NOTE: STANDARD DEDUCTION (₹50K OLD / ₹75K NEW) IS APPLIED AUTOMATICALLY.
💡 NEW REGIME ADVANTAGE
The Government updated the New Tax Regime to be the default. It offers a higher standard deduction of ₹75,000 and zero tax for income up to ₹7,75,000 (after deduction and 87A rebate). It is highly beneficial if you do not have heavy investments like Home Loans or high HRA.
⚖️ MARGINAL RELIEF EXPLAINED
If your income under the New Regime crosses ₹7 Lakh slightly (e.g., ₹7,10,000), you won't suddenly pay ₹26,000 in tax. Marginal Relief ensures that your tax amount never exceeds the amount of income you earned above the ₹7 Lakh threshold.
